Today, FinnCap Reiterates “Corporate” Rating for CityFibre Infrastructure Holdings PLC (CITY)

Today, FinnCap Reiterates “Corporate” Rating for CityFibre Infrastructure Holdings PLC (CITY)

CityFibre Infrastructure Holdings PLC (LON:CITY)‘s stock had its “corporate” rating reaffirmed by stock analysts at FinnCap in a report issued on Tuesday. They presently have a GBX 130 ($1.61) price target on the stock. FinnCap’s price target would indicate a potential upside of 125.73% from the stock’s previous close.

A number of other analysts have also recently issued reports on CITY. Beaufort Securities reaffirmed a “speculative buy” rating on shares of CityFibre Infrastructure Holdings PLC in a research report on Monday, September 12th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 138 ($1.71) price objective on shares of CityFibre Infrastructure Holdings PLC in a research report on Monday, September 26th. Macquarie reaffirmed an “outperform” rating on shares of CityFibre Infrastructure Holdings PLC in a research report on Wednesday, November 23rd. Finally, Haitong Bank reaffirmed a “sell” rating on shares of CityFibre Infrastructure Holdings PLC in a research report on Tuesday, September 27th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 134 ($1.66).

Shares of CityFibre Infrastructure Holdings PLC (LON:CITY) opened at 56.50 on Tuesday. The firm has a 50-day moving average price of GBX 57.62 and a 200-day moving average price of GBX 60.91. CityFibre Infrastructure Holdings PLC has a 12 month low of GBX 42.00 and a 12 month high of GBX 74.00. The company’s market capitalization is GBX 150.10 million.

In related news, insider Robert Gary Mesch sold 1,080,000 shares of CityFibre Infrastructure Holdings PLC stock in a transaction that occurred on Monday, October 10th. The stock was sold at an average price of GBX 60 ($0.74), for a total transaction of £648,000 ($803,870.49).

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