Biffa PLC (BIFF) Declares GBX 2.40 Dividend
Biffa PLC (LON:BIFF) declared a dividend on Wednesday, June 14th, Upcoming.Co.Uk reports. Investors of record on Thursday, July 6th will be paid a dividend of GBX 2.40 ($0.03) per share on Friday, July 28th. This represents a yield of 1.24%. The ex-dividend date is Thursday, July 6th. The official announcement can be accessed at this link.
Shares of Biffa PLC (BIFF) traded down 1.40% on Wednesday, reaching GBX 193.25. 274,805 shares of the company traded hands. The firm’s market capitalization is GBX 483.13 million. The stock has a 50-day moving average price of GBX 194.07 and a 200 day moving average price of GBX 186.93. Biffa PLC has a 1-year low of GBX 166.00 and a 1-year high of GBX 200.00.
Several analysts have recently commented on BIFF shares. Peel Hunt reaffirmed a “buy” rating and issued a GBX 250 ($3.16) price objective on shares of Biffa PLC in a report on Wednesday. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 260 ($3.29) price objective on shares of Biffa PLC in a report on Friday, March 31st. Beaufort Securities reaffirmed a “buy” rating and issued a GBX 235 ($2.97) price objective on shares of Biffa PLC in a report on Thursday, March 16th. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 220 ($2.78) price objective on shares of Biffa PLC in a report on Thursday, March 16th. 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 233 ($2.95).
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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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