CityFibre Infrastructure Holdings PLC (LON:CITY)‘s stock had its “add” rating reiterated by stock analysts at Peel Hunt in a report issued on Friday.

CITY has been the topic of a number of other research reports. Numis Securities Ltd reissued a “sell” rating on shares of CityFibre Infrastructure Holdings PLC in a report on Wednesday, September 27th. Liberum Capital cut their price target on CityFibre Infrastructure Holdings PLC from GBX 134 ($1.78) to GBX 80 ($1.06) and set a “buy” rating for the company in a research note on Thursday. Macquarie restated an “outperform” rating on shares of CityFibre Infrastructure Holdings PLC in a research note on Wednesday, September 6th. Finally, FinnCap reduced their price target on shares of CityFibre Infrastructure Holdings PLC from GBX 130 ($1.72) to GBX 90 ($1.19) and set a “corporate” rating for the company in a research report on Thursday. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. CityFibre Infrastructure Holdings PLC currently has an average rating of “Hold” and a consensus target price of GBX 90 ($1.19).

Shares of CityFibre Infrastructure Holdings PLC (LON:CITY) traded up 5.49% during midday trading on Friday, reaching GBX 43.25. The company had a trading volume of 253,476 shares. The firm’s market capitalization is GBX 114.90 million. The company has a 50 day moving average of GBX 49.67 and a 200 day moving average of GBX 56.78. CityFibre Infrastructure Holdings PLC has a 12-month low of GBX 42.00 and a 12-month high of GBX 71.00.

CityFibre Infrastructure Holdings PLC (LON:CITY) last released its quarterly earnings results on Thursday, September 28th. The company reported GBX (2) (($0.03)) earnings per share (EPS) for the quarter. CityFibre Infrastructure Holdings PLC had a negative return on equity of 9.16% and a negative net margin of 58.32%. The firm had revenue of GBX 904 million during the quarter.

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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.

Analyst Recommendations for CityFibre Infrastructure Holdings PLC (LON:CITY)

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