CityFibre Infrastructure Holdings PLC (CFHL) Raised to “Buy” at Peel Hunt

Peel Hunt upgraded shares of CityFibre Infrastructure Holdings PLC (LON:CFHL) to a buy rating in a research note issued to investors on Thursday morning, StockTargetPrices.com reports. Peel Hunt currently has GBX 52 ($0.68) target price on the stock.

Several other research firms also recently commented on CFHL. Numis Securities Ltd reiterated a sell rating and issued a GBX 30 ($0.39) target price on shares of CityFibre Infrastructure Holdings PLC in a research report on Wednesday, October 4th. FinnCap increased their target price on CityFibre Infrastructure Holdings PLC from GBX 90 ($1.18) to GBX 130 ($1.71) and gave the company a corporate rating in a research report on Thursday, September 28th. Liberum Capital increased their target price on CityFibre Infrastructure Holdings PLC from GBX 80 ($1.05) to GBX 134 ($1.76) and gave the company a buy rating in a research report on Thursday, September 28th. Finally, Macquarie reiterated an outperform rating and issued a GBX 100 ($1.32) target price on shares of CityFibre Infrastructure Holdings PLC in a research report on Monday, September 25th. One research 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 Holdings PLC presently has a consensus rating of Hold and an average target price of GBX 70.40 ($0.93).

CityFibre Infrastructure Holdings PLC (LON CFHL) traded down GBX 1.25 ($0.02) during trading on Thursday, reaching GBX 59.50 ($0.78). The company’s stock had a trading volume of 13,700,000 shares, compared to its average volume of 755,001. CityFibre Infrastructure Holdings PLC has a 1 year low of GBX 41 ($0.54) and a 1 year high of GBX 71 ($0.93).

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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.

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