TRADER TIPS: City insiders say buy Cityfibre, but sell embattled internet provider TalkTalk
BUY THIS: Cityfibre
Liberum says now is the time to buy shares in internet cable layer Cityfibre.
The British firm, which is in competition with telecoms giant BT in the rollout of cutting-edge fibre broadband infrastructure, recently struck a deal to connect up to 5m homes for Vodafone.
Analysts at Liberum said: ‘We recommend buying the stock on current weakness.’
SELL THIS: TalkTalk
Analysts at Goldman Sachs have repeated a ‘Sell’ recommendation for embattled internet provider TalkTalk.
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