CityFibre Infrastructure Holdings Plc (CITY) Receives Corporate Rating from FinnCap

FinnCap restated their corporate rating on shares of CityFibre Infrastructure Holdings Plc (LON:CITY) in a research report sent to investors on Thursday morning. FinnCap currently has a GBX 90 ($1.18) price target on the stock.

A number of other research analysts have also issued reports on CITY. Numis Securities Ltd restated a sell rating on shares of CityFibre Infrastructure Holdings Plc in a research report on Wednesday, October 4th. Peel Hunt restated an add rating on shares of CityFibre Infrastructure Holdings Plc in a research report on Friday, September 29th. Liberum Capital reduced their price objective on CityFibre Infrastructure Holdings Plc from GBX 134 ($1.76) to GBX 80 ($1.05) and set a buy rating for the company in a research report on Thursday, September 28th. Finally, Macquarie restated an outperform rating and set a GBX 100 ($1.32) price objective on shares of CityFibre Infrastructure Holdings Plc in a research report on Monday, September 25th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. CityFibre Infrastructure Holdings Plc presently has a consensus rating of Hold and an average price target of GBX 80.50 ($1.06).

Shares of CityFibre Infrastructure Holdings Plc (CITY) traded up GBX 1.25 ($0.02) on Thursday, hitting GBX 62 ($0.82). The stock had a trading volume of 13,701,724 shares, compared to its average volume of 755,001. CityFibre Infrastructure Holdings Plc has a one year low of GBX 41 ($0.54) and a one year high of GBX 71 ($0.93).

CityFibre Infrastructure Holdings Plc (LON:CITY) last issued its earnings results on Thursday, September 28th. The company reported GBX (2) (($0.03)) EPS for the quarter. The firm had revenue of GBX 904 million during the quarter. CityFibre Infrastructure Holdings Plc had a negative return on equity of 11.15% and a negative net margin of 65.52%.

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About CityFibre Infrastructure Holdings Plc

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.

Analyst Recommendations for CityFibre Infrastructure Holdings Plc (LON:CITY)

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