CityFibre Infrastructure (LON:CITY)‘s stock had its “buy” rating reaffirmed by equities research analysts at Peel Hunt in a research report issued to clients and investors on Thursday. They currently have a GBX 100 ($1.40) price objective on the stock. Peel Hunt’s target price would indicate a potential upside of 100.80% from the company’s previous close.
CITY has been the topic of several other research reports. Numis Securities reaffirmed a “sell” rating and set a GBX 30 ($0.42) target price on shares of CityFibre Infrastructure in a research note on Wednesday, October 4th. FinnCap reaffirmed a “corporate” rating and set a GBX 90 ($1.26) target price on shares of CityFibre Infrastructure in a research note on Thursday, November 9th. Macquarie reaffirmed an “outperform” rating and set a GBX 100 ($1.40) target price on shares of CityFibre Infrastructure in a research note on Wednesday, January 3rd. Finally, Liberum Capital reaffirmed a “buy” rating and set a GBX 80 ($1.12) target price on shares of CityFibre Infrastructure in a research note on Thursday, November 9th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of GBX 80 ($1.12).
Shares of CityFibre Infrastructure (LON:CITY) opened at GBX 49.80 ($0.70) on Thursday. CityFibre Infrastructure has a one year low of GBX 41 ($0.58) and a one year high of GBX 71 ($1.00). The stock has a market cap of $316.33 and a price-to-earnings ratio of -1,245.00.
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About CityFibre Infrastructure
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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