CityFibre Infrastructure’s (CITY) Buy Rating Reiterated at Peel Hunt

Peel Hunt restated their buy rating on shares of CityFibre Infrastructure (LON:CITY) in a research note released on Friday morning. Peel Hunt currently has a GBX 100 ($1.41) price target on the stock.

A number of other equities research analysts also recently weighed in on the company. FinnCap reaffirmed a corporate rating and set a GBX 90 ($1.27) price target on shares of CityFibre Infrastructure in a research note on Thursday, March 22nd. Liberum Capital reaffirmed a buy rating and set a GBX 80 ($1.13) price target on shares of CityFibre Infrastructure in a research note on Tuesday, February 20th. Barclays assumed coverage on CityFibre Infrastructure in a research note on Friday, February 9th. They set an equal weight rating and a GBX 50 ($0.71) price target for the company. Finally, Macquarie reaffirmed an outperform rating and set a GBX 100 ($1.41) price target on shares of CityFibre Infrastructure in a research note on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of GBX 75 ($1.06).

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CITY opened at GBX 41.30 ($0.58) on Friday. CityFibre Infrastructure has a fifty-two week low of GBX 40.20 ($0.57) and a fifty-two week high of GBX 71 ($1.00).

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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)

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