FinnCap reissued their corporate rating on shares of CityFibre Infrastructure Holdings PLC (LON:CFHL) in a research note issued to investors on Thursday morning. The firm currently has a GBX 90 ($1.18) target price on the stock.
A number of other research firms have also weighed in on CFHL. Peel Hunt reduced their price objective on shares of CityFibre Infrastructure Holdings PLC from GBX 62 ($0.82) to GBX 52 ($0.68) and set an add rating on the stock in a research report on Wednesday, November 1st. Liberum Capital increased their price objective on shares of CityFibre Infrastructure Holdings PLC from GBX 80 ($1.05) to GBX 134 ($1.76) and gave the stock a buy rating in a research report on Thursday, September 28th. Numis Securities Ltd started coverage on shares of CityFibre Infrastructure Holdings PLC in a research report on Tuesday, September 12th. They issued a sell rating and a GBX 35 ($0.46) price objective on the stock. Finally, Macquarie reissued an outperform rating and issued a GBX 100 ($1.32) price objective on shares of CityFibre Infrastructure Holdings PLC in a research report on Monday, September 25th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 70.40 ($0.93).
CityFibre Infrastructure Holdings PLC (CFHL) traded down GBX 1.25 ($0.02) during trading on Thursday, reaching GBX 59.50 ($0.78). 13,700,000 shares of the company were exchanged, compared to its average volume of 755,001. CityFibre Infrastructure Holdings PLC has a 12 month low of GBX 41 ($0.54) and a 12 month high of GBX 71 ($0.93).
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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.
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