Biffa PLC (LON:BIFF) had its price objective hoisted by stock analysts at Beaufort Securities from GBX 250 ($3.23) to GBX 270 ($3.49) in a research note issued on Friday, September 8th. The brokerage currently has a “buy” rating on the stock. Beaufort Securities’ price target indicates a potential upside of 20.27% from the company’s previous close.
Other equities research analysts have also recently issued reports about the stock. Peel Hunt lifted their price objective on shares of Biffa PLC from GBX 250 ($3.23) to GBX 265 ($3.42) and gave the stock a “buy” rating in a research report on Wednesday, July 5th. Citigroup Inc. lifted their price objective on shares of Biffa PLC from GBX 200 ($2.58) to GBX 240 ($3.10) and gave the stock a “buy” rating in a research report on Thursday, June 22nd. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 285 ($3.68) price objective on shares of Biffa PLC in a research report on Tuesday, September 5th. Finally, J P Morgan Chase & Co boosted their price target on shares of Biffa PLC from GBX 250 ($3.23) to GBX 260 ($3.36) and gave the company an “overweight” rating in a research report on Thursday, July 6th. Five investment analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and an average target price of GBX 266 ($3.44).
Shares of Biffa PLC (LON:BIFF) traded down 1.64% during mid-day trading on Friday, hitting GBX 224.50. The stock had a trading volume of 564,303 shares. The stock’s 50-day moving average is GBX 226.80 and its 200 day moving average is GBX 206.86. The firm’s market cap is GBX 561.25 million. Biffa PLC has a 12 month low of GBX 166.00 and a 12 month high of GBX 240.94.
About Biffa PLC
Biffa plc is engaged in waste management business. The Company is engaged in collection, treatment, processing and disposal of waste and recyclable materials, as well as related work in the production and sale of energy derived from waste and the sale of recovered commodities, such as paper, glass, metals and plastic.
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