Macquarie Reiterates “Outperform” Rating for CityFibre Infrastructure (CITY)

CityFibre Infrastructure (LON:CITY)‘s stock had its “outperform” rating restated by equities research analysts at Macquarie in a research report issued to clients and investors on Wednesday. They presently have a GBX 100 ($1.34) target price on the stock. Macquarie’s target price indicates a potential upside of 57.60% from the company’s current price.

A number of other equities analysts have also weighed in on CITY. Peel Hunt reaffirmed an “add” rating and set a GBX 62 ($0.83) target price on shares of CityFibre Infrastructure in a research report on Friday, September 29th. Numis Securities reaffirmed a “sell” rating and set a GBX 35 ($0.47) target price on shares of CityFibre Infrastructure in a research report on Wednesday, September 27th. Liberum Capital upped their target price on CityFibre Infrastructure from GBX 80 ($1.07) to GBX 134 ($1.79) and gave the stock a “buy” rating in a research report on Thursday, September 28th. Finally, FinnCap reaffirmed a “corporate” rating and set a GBX 90 ($1.20) target price on shares of CityFibre Infrastructure in a research report on Thursday, December 14th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of GBX 80 ($1.07).

CityFibre Infrastructure (LON CITY) opened at GBX 63.45 ($0.85) on Wednesday. CityFibre Infrastructure has a 12-month low of GBX 41 ($0.55) and a 12-month high of GBX 71 ($0.95). The firm has a market capitalization of $371.96 and a P/E ratio of -1,586.25.

ILLEGAL ACTIVITY WARNING: “Macquarie Reiterates “Outperform” Rating for CityFibre Infrastructure (CITY)” was first published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are viewing this piece on another publication, it was stolen and reposted in violation of U.S. and international copyright and trademark laws. The original version of this piece can be viewed at https://www.chaffeybreeze.com/2018/01/03/macquarie-reiterates-outperform-rating-for-cityfibre-infrastructure-city.html.

CityFibre Infrastructure 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 (LON:CITY)

Receive News & Ratings for CityFibre Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CityFibre Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply