Rating Buzzer: 61.74% to Target, Macquarie Maintains “Outperform” Rating for Cityfibre Infrastructure Holdings Plc (LON:CITY) Stock

November 24, 2016 - By Ellis Scott

Cityfibre Infrastructure Holdings Plc (LON:CITY) Rating

They currently have a GBX 93.00 target on Cityfibre Infrastructure Holdings Plc (LON:CITY). Macquarie’s target would suggest a potential upside of 61.74% from the company’s last price. This was disclosed in a research note on Thursday morning.

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 71.22% above today’s (GBX 57.82) stock price. Cityfibre Infrastructure Holdings Plc has been the topic of 37 analyst reports since March 18, 2016 according to StockzIntelligence Inc. Beaufort Securities maintained the stock with “Speculative Buy” rating in Thursday, July 7 report. The firm earned “Corporate” rating on Wednesday, May 11 by FinnCap. As per Wednesday, October 26, the company rating was maintained by Haitong Securities. The stock has “Corporate” rating given by FinnCap on Thursday, June 30. The firm has “Corporate” rating by FinnCap given on Monday, September 26. The firm earned “Speculative Buy” rating on Friday, September 30 by Beaufort Securities. The stock of CityFibre Infrastructure Holdings PLC (LON:CITY) earned “Buy” rating by Liberum Capital on Wednesday, May 11. The rating was maintained by Liberum Capital with “Buy” on Thursday, April 14. The rating was maintained by Beaufort Securities with “Speculative Buy” on Tuesday, April 19. The rating was maintained by Beaufort Securities on Wednesday, April 6 with “Speculative Buy”.

About 31,867 shares traded hands. CityFibre Infrastructure Holdings PLC (LON:CITY) has declined 3.36% since April 25, 2016 and is downtrending. It has underperformed by 8.77% the S&P500.

CityFibre Infrastructure Holdings plc is a well-known provider of wholesale fiber optic infrastructure. The company has a market cap of 153.61 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 news for CityFibre Infrastructure Holdings PLC (LON:CITY) were recently published by: Businesswire.com, which released: “CityFibre Announces Acquisition of National Infrastructure Assets from KCOM …” on December 14, 2015. Fool.Co.Uk‘s article titled: “Neil Woodford Pumps Cash Into GlaxoSmithKline plc, Purplebricks Group PLC …” and published on January 21, 2016 is yet another important article.

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