CityFibre Infrastructure Holdings PLC’s (CITY) “Sell” Rating Reaffirmed at Numis Securities Ltd

Numis Securities Ltd restated their sell rating on shares of CityFibre Infrastructure Holdings PLC (LON:CITY) in a research report report published on Wednesday.

A number of other equities analysts have also issued reports on CITY. Macquarie reaffirmed an outperform rating and set a GBX 100 ($1.33) price target on shares of CityFibre Infrastructure Holdings PLC in a research note on Monday, September 25th. Peel Hunt reaffirmed an add rating on shares of CityFibre Infrastructure Holdings PLC in a research note on Monday, September 4th. Liberum Capital reaffirmed a buy rating and set a GBX 138 ($1.83) price target on shares of CityFibre Infrastructure Holdings PLC in a research note on Thursday, July 27th. Finally, FinnCap decreased their price target on CityFibre Infrastructure Holdings PLC from GBX 130 ($1.72) to GBX 90 ($1.19) and set a corporate rating for the company in a research note on Thursday, September 28th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The stock has an average rating of Hold and an average target price of GBX 90 ($1.19).

CityFibre Infrastructure Holdings PLC (LON CITY) traded up 4.35% during mid-day trading on Wednesday, reaching GBX 50.00. The company’s stock had a trading volume of 51,750 shares. The firm’s market capitalization is GBX 132.84 million. The firm’s 50 day moving average price is GBX 49.29 and its 200 day moving average price is GBX 56.72. CityFibre Infrastructure Holdings PLC has a 52 week low of GBX 42.00 and a 52 week high of GBX 71.00.

CityFibre Infrastructure Holdings PLC (LON:CITY) last issued its quarterly earnings results on Thursday, September 28th. The company reported GBX (2) (($0.03)) earnings per share (EPS) for the quarter. The firm had revenue of GBX 904 million for the quarter. CityFibre Infrastructure Holdings PLC had a negative net margin of 58.32% and a negative return on equity of 9.16%.

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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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