CityFibre Infrastructure (CITY) Stock Rating Reaffirmed by Peel Hunt
CITY has been the topic of several other research reports. FinnCap reaffirmed a corporate rating and set a GBX 90 ($1.26) price target on shares of CityFibre Infrastructure in a research report on Thursday, January 18th. Macquarie reissued an outperform rating and issued a GBX 100 ($1.40) target price on shares of CityFibre Infrastructure in a report on Wednesday, January 3rd. Numis Securities reaffirmed a sell rating and set a GBX 30 ($0.42) price target on shares of CityFibre Infrastructure in a report on Monday, December 4th. Finally, Liberum Capital reaffirmed a buy rating and set a GBX 80 ($1.12) price target on shares of CityFibre Infrastructure in a report on Thursday, November 9th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 80 ($1.12).
Shares of CityFibre Infrastructure (LON CITY) traded up GBX 0.80 ($0.01) during midday trading on Thursday, reaching GBX 50 ($0.70). The company had a trading volume of 142,957 shares, compared to its average volume of 362,552. CityFibre Infrastructure has a 52-week low of GBX 41 ($0.58) and a 52-week high of GBX 71 ($1.00). The firm has a market cap of $316.33 and a P/E ratio of -1,250.00.
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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