CityFibre Infrastructure (CITY) Earns “Buy” Rating from Peel Hunt

Peel Hunt reiterated their buy rating on shares of CityFibre Infrastructure (LON:CITY) in a research note published on Monday morning. Peel Hunt currently has a GBX 100 ($1.35) price objective on the stock.

CITY has been the topic of several other reports. Macquarie reiterated an outperform rating and set a GBX 100 ($1.35) target price on shares of CityFibre Infrastructure in a research report on Thursday, September 14th. Numis Securities reiterated a sell rating and set a GBX 30 ($0.40) target price on shares of CityFibre Infrastructure in a research report on Wednesday, October 4th. Liberum Capital reiterated a buy rating and set a GBX 80 ($1.08) target price on shares of CityFibre Infrastructure in a research report on Thursday, November 9th. Finally, FinnCap reiterated a corporate rating and set a GBX 90 ($1.21) target price on shares of CityFibre Infrastructure in a research report on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of GBX 80 ($1.08).

CityFibre Infrastructure (CITY) opened at GBX 57 ($0.77) on Monday. CityFibre Infrastructure has a 12 month low of GBX 41 ($0.55) and a 12 month high of GBX 71 ($0.96).

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

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CityFibre Infrastructure Company Profile

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 (LON:CITY)

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