Shares of CityFibre Infrastructure Holdings PLC (LON:CFHL) have been assigned an average recommendation of “Hold” from the seven ratings firms that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 91.20 ($1.20).
A number of analysts have recently weighed in on the company. Peel Hunt reissued an “add” rating and issued a GBX 62 ($0.82) price objective on shares of CityFibre Infrastructure Holdings PLC in a research report on Friday, September 29th. Liberum Capital reissued a “buy” rating and issued a GBX 138 ($1.81) price objective on shares of CityFibre Infrastructure Holdings PLC in a research report on Thursday, July 27th. FinnCap raised their price objective on CityFibre Infrastructure Holdings PLC from GBX 90 ($1.18) to GBX 130 ($1.71) and gave the stock a “corporate” rating in a research report on Thursday, September 28th. Macquarie reissued an “outperform” rating and issued a GBX 100 ($1.31) price objective on shares of CityFibre Infrastructure Holdings PLC in a research report on Monday, September 25th. Finally, Numis Securities Ltd reissued a “sell” rating and issued a GBX 30 ($0.39) price objective on shares of CityFibre Infrastructure Holdings PLC in a research report on Wednesday, October 4th.
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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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