FinnCap disclosed Cityfibre Infrastructure Holdings (LON:CITY), hiking its stock price target to 130.00GBX earlier today
- Updated: September 18, 2016
Just yesterday Cityfibre Infrastructure Holdings (LON:CITY) traded 0.00% even at 60.00GBX. CITY’s 50-day average is 63.43GBX and its two hundred day average is 59.17GBX. The last close is up 8.96% from the 200-day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. 11,101 shares of Cityfibre Infrastructure Holdings were exchanged, down from ann avg. trading volume of 239,434.
Cityfibre Infrastructure Holdings (LON:CITY) had its price target raised to 130GBX by FinnCap in a report released 8/03/2016. The increased target price implies a possible upside of 1.17% from the company’s previous closing price.
Previously on 7/26/2016, Liberum Capital released a statement for Cityfibre Infrastructure Holdings(LON:CITY) kept the target price at 138.00GBX that indicated a possible upside of 1.49%.
Recent Performance Graphic:
Cityfibre Infrastructure Holdings has a 52 week low of 42.00GBX and a one-year high of 79.50GBX and has a total market value of 0.0 GBX.
General Information About Cityfibre Infrastructure Holdings (LON:CITY)
CityFibre Infrastructure Holdings plc is a provider of wholesale fiber optic infrastructure. The Company designs, builds and operates pure-fiber networks across the United Kingdom. The Company’s operations relate to the management of transformational fiber optic infrastructure. Its solutions include Fibre-to-the-Premises, Metro Fibre Networks, Fibre-to-the-Tower and Fibre-to-the-Home. The Company’s networks comprise over 2, 900 route kilometers of ducts and host high capacity fiber optic cables. The Company serves service integrators, enterprise and consumer service providers, and mobile operators. Its shared infrastructure covers an addressable market of approximately 26, 000 public sites, over 7, 400 mobile masts, approximately 260, 000 businesses and over 3.7 million homes. Its subsidiaries include CityFibre Holdings Limited, CityFibre Networks Limited, and Fibrecity Holdings Limited and Gigler Limited.
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