Today’s Rating: Macquarie Analyst Reaffirmed GBX 93.00 Price Target on Cityfibre Infrastructure Holdings Plc (LON:CITY) stock, While Reiterating Outperform Rating

November 23, 2016 - By Marguerite Chambers

Cityfibre Infrastructure Holdings Plc (LON:CITY) Rating

London: In analysts report sent to investors and clients on 23 November, Macquarie maintained their Outperform rating on shares of Cityfibre Infrastructure Holdings Plc (LON:CITY). They currently have a GBX 93.00 target price per share on the firm. Macquarie’s target would indicate a potential upside of 67.87% from the company’s last close price.

CityFibre Infrastructure Holdings PLC (LON:CITY) Ratings Coverage

Out of 5 analysts covering Cityfibre Infrastructure Holdings Plc (LON:CITY), 4 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 80% are positive. GBX 138 is the highest target while GBX 35 is the lowest. The GBX 99 average target is 78.70% above today’s (GBX 55.4) stock price. Cityfibre Infrastructure Holdings Plc has been the topic of 37 analyst reports since March 18, 2016 according to StockzIntelligence Inc. The stock has “Corporate” rating given by FinnCap on Tuesday, April 5. FinnCap maintained CityFibre Infrastructure Holdings PLC (LON:CITY) rating on Monday, September 26. FinnCap has “Corporate” rating and GBX 130 price target. The company was maintained on Friday, July 1 by Beaufort Securities. FinnCap maintained CityFibre Infrastructure Holdings PLC (LON:CITY) on Monday, April 18 with “Corporate” rating. FinnCap maintained the shares of CITY in a report on Wednesday, May 11 with “Corporate” rating. FinnCap maintained the shares of CITY in a report on Monday, July 25 with “Corporate” rating. The firm has “Buy” rating given on Thursday, April 14 by Liberum Capital. FinnCap maintained CityFibre Infrastructure Holdings PLC (LON:CITY) rating on Wednesday, August 3. FinnCap has “Corporate” rating and GBX 130 price target. Beaufort Securities maintained the shares of CITY in a report on Thursday, July 7 with “Speculative Buy” rating. The firm has “Corporate” rating given on Monday, August 15 by FinnCap.

About 32,086 shares traded hands. CityFibre Infrastructure Holdings PLC (LON:CITY) has declined 7.56% since April 25, 2016 and is downtrending. It has underperformed by 12.89% the S&P500.

CityFibre Infrastructure Holdings plc is a well-known provider of wholesale fiber optic infrastructure. The company has a market cap of 147.18 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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More recent CityFibre Infrastructure Holdings PLC (LON:CITY) news were published by: Businesswire.com which released: “CityFibre Announces Acquisition of National Infrastructure Assets from KCOM …” on December 14, 2015. Also Fool.Co.Uk published the news titled: “Neil Woodford Pumps Cash Into GlaxoSmithKline plc, Purplebricks Group PLC …” on January 21, 2016. Uk.Finance.Yahoo.com‘s news article titled: “-LSE Ticker: H581H1/ISIN: GB00BH581H10” with publication date: April 03, 2014 was also an interesting one.

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