Liberum Capital Reiterates “Buy” Rating for CityFibre Infrastructure Holdings Plc (LON:CITY)

Liberum Capital reissued their buy rating on shares of CityFibre Infrastructure Holdings Plc (LON:CITY) in a research report released on Thursday morning. The brokerage currently has a GBX 80 ($1.05) price objective on the stock.

A number of other equities research analysts also recently commented on CITY. Peel Hunt upgraded shares of CityFibre Infrastructure Holdings Plc to a buy rating and set a GBX 52 ($0.68) price objective for the company in a research report on Thursday. Macquarie restated an outperform rating and issued a GBX 100 ($1.32) price objective on shares of CityFibre Infrastructure Holdings Plc in a research report on Monday, September 25th. Numis Securities Ltd restated a sell rating on shares of CityFibre Infrastructure Holdings Plc in a research report on Wednesday, September 27th. Finally, FinnCap restated a corporate rating and issued a GBX 90 ($1.18) price objective on shares of CityFibre Infrastructure Holdings Plc in a research report on Thursday. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of GBX 80.50 ($1.06).

Shares of CityFibre Infrastructure Holdings Plc (LON CITY) traded up GBX 0.80 ($0.01) during trading hours on Thursday, hitting GBX 62.80 ($0.83). 2,490,000 shares of the company were exchanged, compared to its average volume of 1,210,000. CityFibre Infrastructure Holdings Plc has a twelve month low of GBX 41 ($0.54) and a twelve month high of GBX 71 ($0.93).

CityFibre Infrastructure Holdings Plc (LON:CITY) last released its quarterly 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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