Numis Securities Ltd started coverage on shares of CityFibre Infrastructure Holdings PLC (LON:CITY) in a research report released on Tuesday. The brokerage issued a sell rating on the stock.

A number of other analysts have also weighed in on the stock. FinnCap restated a corporate rating and set a GBX 130 ($1.68) price objective on shares of CityFibre Infrastructure Holdings PLC in a research note on Friday, May 19th. Macquarie restated an outperform rating on shares of CityFibre Infrastructure Holdings PLC in a research note on Wednesday, September 6th. Peel Hunt initiated coverage on shares of CityFibre Infrastructure Holdings PLC in a research note on Thursday, August 24th. They set an add rating for the company. Finally, Liberum Capital restated a buy rating and set a GBX 138 ($1.78) price objective on shares of CityFibre Infrastructure Holdings PLC in a research note on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The company has an average rating of Hold and an average target price of GBX 134 ($1.73).

Shares of CityFibre Infrastructure Holdings PLC (CITY) opened at 45.50 on Tuesday. The company’s market capitalization is GBX 120.88 million. CityFibre Infrastructure Holdings PLC has a 12 month low of GBX 42.00 and a 12 month high of GBX 71.00. The firm has a 50-day moving average of GBX 53.18 and a 200-day moving average of GBX 57.20.

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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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