CityFibre Infrastructure Holdings PLC (CITY) Now Covered by Numis Securities Ltd

Equities researchers at Numis Securities Ltd assumed coverage on shares of CityFibre Infrastructure Holdings PLC (LON:CITY) in a note issued to investors on Tuesday. The brokerage set a “sell” rating on the stock.

Other equities research analysts also recently issued research reports about the stock. Macquarie reiterated an “outperform” rating on shares of CityFibre Infrastructure Holdings PLC in a research report on Wednesday, September 6th. Peel Hunt reiterated an “add” rating on shares of CityFibre Infrastructure Holdings PLC in a research report on Monday, September 4th. Liberum Capital reiterated a “buy” rating and issued a GBX 138 ($1.78) target price on shares of CityFibre Infrastructure Holdings PLC in a research report on Thursday, July 27th. Finally, FinnCap reiterated a “corporate” rating and issued a GBX 130 ($1.68) target price on shares of CityFibre Infrastructure Holdings PLC in a research report on Friday, May 19th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 134 ($1.73).

CityFibre Infrastructure Holdings PLC (LON:CITY) traded down 7.92% during mid-day trading on Tuesday, reaching GBX 46.50. 10,000 shares of the company’s stock traded hands. CityFibre Infrastructure Holdings PLC has a 52-week low of GBX 42.00 and a 52-week high of GBX 71.00. The company has a 50-day moving average of GBX 53.97 and a 200-day moving average of GBX 57.37. The company’s market capitalization is GBX 123.54 million.

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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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