Liberum Capital reaffirmed their buy rating on shares of CityFibre Infrastructure Holdings Plc (LON:CITY) in a research report sent to investors on Thursday. The firm currently has a GBX 80 ($1.05) price objective on the stock.

Several other research firms have also issued reports on CITY. Peel Hunt assumed coverage on CityFibre Infrastructure Holdings Plc in a report on Thursday, August 24th. They set an add rating on the stock. Macquarie reiterated an outperform rating on shares of CityFibre Infrastructure Holdings Plc in a report on Wednesday, September 6th. Numis Securities Ltd assumed coverage on CityFibre Infrastructure Holdings Plc in a report on Tuesday, September 12th. They set a sell rating on the stock. Finally, FinnCap dropped their target price on CityFibre Infrastructure Holdings Plc from GBX 130 ($1.71) to GBX 90 ($1.18) and set a corporate rating on the stock in a report on Thursday, September 28th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. CityFibre Infrastructure Holdings Plc presently has an average rating of Hold and a consensus price target of GBX 80.50 ($1.06).

CityFibre Infrastructure Holdings Plc (LON:CITY) traded up GBX 1.25 ($0.02) on Thursday, reaching GBX 62 ($0.82). The company had a trading volume of 13,701,724 shares, compared to its average volume of 755,001. CityFibre Infrastructure Holdings Plc has a fifty-two week low of GBX 41 ($0.54) and a fifty-two week high of GBX 71 ($0.93).

CityFibre Infrastructure Holdings Plc (LON:CITY) last released its 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 11.15% and a negative net margin of 65.52%. The company had revenue of GBX 904 million for the quarter.

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CityFibre Infrastructure Holdings Plc 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 Holdings Plc (LON:CITY)

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