Trade Report: The CityFibre Infrastructure Holdings PLC’s (CITY) “Outperform” Rating Reiterate at Macquarie

The CityFibre Infrastructure Holdings PLC’s (CITY) “Outperform” Rating Reiterate at Macquarie

Macquarie restated their outperform rating on shares of CityFibre Infrastructure Holdings PLC (LON:CITY) in a research note published on Wednesday morning.

Several other equities analysts also recently weighed in on the company. Haitong Bank reiterated a sell rating on shares of CityFibre Infrastructure Holdings PLC in a research report on Wednesday, October 26th. FinnCap reissued a corporate rating and set a GBX 130 ($1.62) price target on shares of CityFibre Infrastructure Holdings PLC in a report on Monday, October 3rd. Liberum Capital reissued a buy rating and set a GBX 138 ($1.72) price target on shares of CityFibre Infrastructure Holdings PLC in a report on Monday, October 3rd. Finally, Beaufort Securities reissued a speculative buy rating on shares of CityFibre Infrastructure Holdings PLC in a report on Friday, September 30th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. CityFibre Infrastructure Holdings PLC presently has an average rating of Hold and a consensus target price of GBX 134 ($1.67).

CityFibre Infrastructure Holdings PLC (LON:CITY) opened at 57.59 on Wednesday. The stock’s market capitalization is GBX 153.00 million. CityFibre Infrastructure Holdings PLC has a 12-month low of GBX 42.00 and a 12-month high of GBX 74.00. The stock has a 50 day moving average price of GBX 57.83 and a 200-day moving average price of GBX 60.94.

In other CityFibre Infrastructure Holdings PLC news, insider Robert Gary Mesch sold 1,080,000 shares of the business’s stock in a transaction that occurred on Monday, October 10th. The stock was sold at an average price of GBX 60 ($0.75), for a total transaction of £648,000 ($809,595.20).

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