CityFibre Infrastructure (LON:CITY) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of CityFibre Infrastructure (LON:CITY) in a report published on Thursday, November 23rd. The brokerage currently has a GBX 100 ($1.35) target price on the stock.

Other analysts also recently issued research reports about the stock. Macquarie reissued an outperform rating and set a GBX 100 ($1.35) target price on shares of CityFibre Infrastructure in a research report on Thursday, September 14th. Liberum Capital reissued a buy rating and set a GBX 138 ($1.86) target price on shares of CityFibre Infrastructure in a research report on Thursday, July 27th. Numis Securities reaffirmed a sell rating and set a GBX 30 ($0.40) price objective on shares of CityFibre Infrastructure in a research report on Wednesday, October 4th. Finally, FinnCap reaffirmed a corporate rating and set a GBX 90 ($1.21) price objective on shares of CityFibre Infrastructure in a research report on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. CityFibre Infrastructure presently has an average rating of Hold and a consensus price target of GBX 80 ($1.08).

CityFibre Infrastructure (CITY) traded down GBX 1.50 ($0.02) during mid-day trading on Thursday, hitting GBX 56 ($0.75). 32,822 shares of the company traded hands, compared to its average volume of 1,520,000. CityFibre Infrastructure has a fifty-two week low of GBX 41 ($0.55) and a fifty-two week high of GBX 71 ($0.96).

CityFibre Infrastructure (LON:CITY) last posted its earnings results on Thursday, September 28th. The company reported GBX (2) (($0.03)) EPS for the quarter. The company had revenue of GBX 904 million during the quarter. CityFibre Infrastructure had a negative return on equity of 11.15% and a negative net margin of 65.52%.

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About CityFibre Infrastructure

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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