CityFibre Infrastructure Holdings PLC (LON:CITY)‘s stock had its “corporate” rating reiterated by equities researchers at FinnCap in a research note issued on Monday. They presently have a GBX 130 ($1.70) price objective on the stock. FinnCap’s target price indicates a potential upside of 104.72% from the company’s current price.
Other equities research analysts also recently issued reports about the company. Liberum Capital reaffirmed a “buy” rating and set a GBX 138 ($1.80) price target on shares of CityFibre Infrastructure Holdings PLC in a research report on Tuesday, July 26th. Beaufort Securities reaffirmed a “speculative buy” rating on shares of CityFibre Infrastructure Holdings PLC in a research report on Monday, September 12th.
Shares of CityFibre Infrastructure Holdings PLC (LON:CITY) opened at 63.15 on Monday. CityFibre Infrastructure Holdings PLC has a 52 week low of GBX 42.00 and a 52 week high of GBX 79.50. The company’s market capitalization is GBX 167.77 million. The firm’s 50-day moving average price is GBX 63.84 and its 200 day moving average price is GBX 59.57.
About CityFibre Infrastructure Holdings PLC
CityFibre Infrastructure Holdings plc is a United Kingdom-based company that designs, builds, owns and operates dark fiber optic networks in mid-sized cities and larger towns across the United Kingdom. The principal activity of the Company is the design, construction, management and operation of passive fiber optic networks for use by service providers, carriers and systems integrators spanning the public sector, business, mobile and residential broadband segments.
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