Investment analysts at Numis Securities Ltd started coverage on shares of CityFibre Infrastructure Holdings PLC (LON:CFHL) in a research report issued to clients and investors on Tuesday. The firm set a “sell” rating and a GBX 35 ($0.45) price target on the stock. Numis Securities Ltd’s price objective suggests a potential downside of 44.44% from the stock’s previous close.
Other equities analysts also recently issued reports about the company. Liberum Capital reiterated a “buy” rating and set a GBX 138 ($1.78) price objective on shares of CityFibre Infrastructure Holdings PLC in a research report on Thursday, July 27th. Peel Hunt assumed coverage on CityFibre Infrastructure Holdings PLC in a research report on Thursday, August 24th. They set an “add” rating and a GBX 62 ($0.80) price objective for the company. Finally, FinnCap reiterated a “corporate” rating and set a GBX 130 ($1.68) price objective on shares of CityFibre Infrastructure Holdings PLC in a research report on Friday, May 19th. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. CityFibre Infrastructure Holdings PLC presently has a consensus rating of “Hold” and an average price target of GBX 91.25 ($1.18).
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.
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