CityFibre Infrastructure (CITY) Earns “Corporate” Rating from FinnCap

FinnCap reaffirmed their corporate rating on shares of CityFibre Infrastructure (LON:CITY) in a research note released on Thursday morning. They currently have a GBX 90 ($1.24) price objective on the stock.

A number of other equities research analysts have also issued reports on CITY. Peel Hunt reaffirmed a buy rating and issued a GBX 100 ($1.38) target price on shares of CityFibre Infrastructure in a research note on Thursday, March 1st. Liberum Capital reaffirmed a buy rating and issued a GBX 80 ($1.11) target price on shares of CityFibre Infrastructure in a research note on Monday, February 5th. Macquarie reaffirmed an outperform rating and issued a GBX 100 ($1.38) target price on shares of CityFibre Infrastructure in a research note on Wednesday, January 3rd. Barclays began coverage on CityFibre Infrastructure in a research note on Friday, February 9th. They issued an equal weight rating and a GBX 50 ($0.69) target price on the stock. Finally, Numis Securities reaffirmed a sell rating and issued a GBX 30 ($0.41) target price on shares of CityFibre Infrastructure in a research note on Monday, December 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of GBX 75 ($1.04).

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Shares of CityFibre Infrastructure stock opened at GBX 44.45 ($0.61) on Thursday. CityFibre Infrastructure has a 52 week low of GBX 40.20 ($0.56) and a 52 week high of GBX 71 ($0.98). The stock has a market capitalization of $282.47 and a P/E ratio of -1,111.25.

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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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