CityFibre Infrastructure (LON:CITY)‘s stock had its “buy” rating reissued by investment analysts at Peel Hunt in a report released on Friday. They presently have a GBX 100 ($1.41) price objective on the stock. Peel Hunt’s price objective indicates a potential upside of 137.49% from the stock’s current price.
CITY has been the topic of several other research reports. Macquarie reissued an “outperform” rating and issued a GBX 100 ($1.41) price target on shares of CityFibre Infrastructure in a research report on Wednesday, January 3rd. Barclays began coverage on shares of CityFibre Infrastructure in a research report on Friday, February 9th. They issued an “equal weight” rating and a GBX 50 ($0.71) price target on the stock. FinnCap reissued a “corporate” rating and issued a GBX 90 ($1.27) price target on shares of CityFibre Infrastructure in a research report on Thursday, January 18th. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 80 ($1.13) price target on shares of CityFibre Infrastructure in a research report on Tuesday, February 20th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. CityFibre Infrastructure has a consensus rating of “Hold” and an average target price of GBX 75 ($1.06).
Shares of CITY stock opened at GBX 42.11 ($0.60) on Friday. CityFibre Infrastructure has a 52 week low of GBX 40.20 ($0.57) and a 52 week high of GBX 71 ($1.00).
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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