finnCap Reaffirms a “Corporate” Rating on Cityfibre Infrastructure Holdings Plc (LON:CITY) and GBX 130.00 Target

Cityfibre Infrastructure Holdings Plc (LON:CITY) Rating

The company have set price target of GBX 130.00 on Cityfibre Infrastructure Holdings Plc (LON:CITY) shares. This is 100.00% from the last price. In a report revealed to clients and investors on Thursday morning, finnCap reconfirmed their “Corporate” rating on shares of CITY.

Out of 4 analysts covering Cityfibre Infrastructure Holdings Plc (LON:CITY), 3 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 75% are positive. GBX 138 is the highest target while GBX 35 is the lowest. The GBX 101 average target is 62.90% above today’s (GBX 62) stock price. Cityfibre Infrastructure Holdings Plc has been the topic of 29 analyst reports since March 18, 2016 according to StockzIntelligence Inc. Liberum Capital maintained the stock on September 29 with “Buy” rating. Haitong Securities maintained the shares of CITY in a report on September 27 with “Sell” rating.

About 75,227 shares traded hands. CityFibre Infrastructure Holdings PLC (LON:CITY) has risen 23.08% since February 26, 2016 and is uptrending. It has outperformed by 11.82% the S&P500.

CityFibre Infrastructure Holdings plc is a well-known provider of wholesale fiber optic infrastructure. The company has a market cap of 166.67 million GBP. The Firm designs, manufactures and operates pure-fiber networks across the United Kingdom. It currently has negative earnings. The Company’s activities relate to the management of transformational fiber optic infrastructure.

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