CityFibre Infrastructure (LON:CITY)‘s stock had its “buy” rating restated by equities researchers at Peel Hunt in a research report issued to clients and investors on Tuesday, February 20th. They currently have a GBX 100 ($1.38) price objective on the stock. Peel Hunt’s price target would suggest a potential upside of 117.86% from the stock’s previous close.
A number of other equities research analysts also recently commented on the company. Liberum Capital reiterated a “buy” rating and issued a GBX 80 ($1.11) target price on shares of CityFibre Infrastructure in a research report on Tuesday, February 20th. FinnCap restated a “corporate” rating and set a GBX 90 ($1.24) price objective on shares of CityFibre Infrastructure in a research report on Tuesday, February 20th. Barclays began coverage on CityFibre Infrastructure in a research report on Friday, February 9th. They set an “equal weight” rating and a GBX 50 ($0.69) price objective on the stock. Macquarie restated an “outperform” rating and set a GBX 100 ($1.38) price objective on shares of CityFibre Infrastructure in a research report on Wednesday, January 3rd. Finally, Numis Securities restated a “sell” rating and set a GBX 30 ($0.41) price objective on shares of CityFibre Infrastructure in a research report on Monday, December 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of GBX 75 ($1.04).
CityFibre Infrastructure (LON CITY) traded up GBX 0.80 ($0.01) during trading hours on Tuesday, hitting GBX 45.90 ($0.63). The company had a trading volume of 157,214 shares, compared to its average volume of 1,030,000. The stock has a market capitalization of $286.59 and a P/E ratio of -1,147.50. CityFibre Infrastructure has a 12 month low of GBX 40.20 ($0.56) and a 12 month high of GBX 71 ($0.98).
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CityFibre Infrastructure Company Profile
CityFibre Infrastructure Holdings plc is a provider of wholesale fiber optic infrastructure. The Company designs, builds and operates pure-fiber networks across the United Kingdom. The Company’s operations relate to the management of transformational fiber optic infrastructure. Its solutions include Fibre-to-the-Premises, Metro Fibre Networks, Fibre-to-the-Tower and Fibre-to-the-Home.
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