FinnCap Reaffirms Corporate Rating for CityFibre Infrastructure (CITY)

FinnCap reaffirmed their corporate rating on shares of CityFibre Infrastructure (LON:CITY) in a report issued on Thursday. The brokerage currently has a GBX 90 ($1.21) price target on the stock.

Several other equities research analysts have also recently weighed in on the stock. Peel Hunt upgraded shares of CityFibre Infrastructure to a buy rating and set a GBX 52 ($0.70) price objective for the company in a research report on Thursday, November 9th. Macquarie reissued an outperform rating on shares of CityFibre Infrastructure in a research note on Wednesday, September 6th. Liberum Capital reissued a buy rating and set a GBX 80 ($1.08) target price on shares of CityFibre Infrastructure in a research note on Thursday, November 9th. Finally, Numis Securities reissued a sell rating and set a GBX 30 ($0.40) target price on shares of CityFibre Infrastructure in a research note on Monday, December 4th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average price target of GBX 80 ($1.08).

Shares of CityFibre Infrastructure (LON CITY) opened at GBX 60 ($0.81) on Thursday. CityFibre Infrastructure has a twelve month low of GBX 41 ($0.55) and a twelve month high of GBX 71 ($0.96). The firm has a market cap of $379.59 and a P/E ratio of -1,500.00.

CityFibre Infrastructure (LON:CITY) last issued its quarterly earnings data on Thursday, September 28th. The company reported GBX (2) (($0.03)) EPS for the quarter. CityFibre Infrastructure had a negative net margin of 65.52% and a negative return on equity of 11.15%. The company had revenue of GBX 904 million during the quarter.

TRADEMARK VIOLATION NOTICE: This piece was reported by Community Financial News and is the property of of Community Financial News. If you are reading this piece on another site, it was illegally copied and republished in violation of United States & international trademark and copyright legislation. The original version of this piece can be viewed at https://www.com-unik.info/2017/12/24/finncap-reaffirms-corporate-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)

What are top analysts saying about CityFibre Infrastructure? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for CityFibre Infrastructure and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit