Today’s Rating On Watch: Cityfibre Infrastructure Holdings Plc (LON:CITY) “Corporate” Rating Kept by finnCap; The Target Price per Share is GBX 130.00

November 29, 2016 - By Peter Erickson

Cityfibre Infrastructure Holdings Plc (LON:CITY) Rating

finnCap have a GBX 130.00 PT on the stock. The PT suggests a potential upside of 124.14% from Cityfibre Infrastructure Holdings Plc (LON:CITY)‘s previous stock close. This rating was revealed to investors in analysts note on Tuesday 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 74.30% above today’s (GBX 56.8) stock price. Cityfibre Infrastructure Holdings Plc has been the topic of 39 analyst reports since March 18, 2016 according to StockzIntelligence Inc. The rating was maintained by Beaufort Securities with “Speculative Buy” on Thursday, June 2. FinnCap maintained the shares of CITY in a report on Monday, July 25 with “Corporate” rating. The company was maintained on Wednesday, May 11 by Liberum Capital. As per Monday, September 26, the company rating was maintained by Liberum Capital. As per Wednesday, July 6, the company rating was maintained by FinnCap. The firm earned “Speculative Buy” rating on Friday, March 18 by Beaufort Securities. FinnCap maintained the stock with “Corporate” rating in Monday, August 15 report. FinnCap maintained the shares of CITY in a report on Monday, October 3 with “Corporate” rating. The firm has “Speculative Buy” rating given on Monday, September 12 by Beaufort Securities. FinnCap maintained CityFibre Infrastructure Holdings PLC (LON:CITY) rating on Wednesday, August 3. FinnCap has “Corporate” rating and GBX 130 price target.

About 41,381 shares traded hands. CityFibre Infrastructure Holdings PLC (LON:CITY) has declined 5.04% since April 28, 2016 and is downtrending. It has underperformed by 10.30% the S&P500.

CityFibre Infrastructure Holdings plc is a well-known provider of wholesale fiber optic infrastructure. The company has a market cap of 150.90 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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