Beaufort Securities Increases Biffa PLC (BIFF) Price Target to GBX 270
Biffa PLC (LON:BIFF) had its target price raised by investment analysts at Beaufort Securities from GBX 250 ($3.23) to GBX 270 ($3.49) in a research report issued on Friday. The brokerage currently has a “buy” rating on the stock. Beaufort Securities’ target price suggests a potential upside of 15.02% from the company’s previous close.
Other equities analysts have also issued reports about the company. Peel Hunt upped their target price on Biffa PLC from GBX 250 ($3.23) to GBX 265 ($3.42) and gave the company a “buy” rating in a report on Wednesday, July 5th. Citigroup Inc. upped their target price on Biffa PLC from GBX 200 ($2.58) to GBX 240 ($3.10) and gave the company a “buy” rating in a report on Thursday, June 22nd. J P Morgan Chase & Co upped their target price on Biffa PLC from GBX 250 ($3.23) to GBX 260 ($3.36) and gave the company an “overweight” rating in a report on Thursday, July 6th. Finally, Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 285 ($3.68) target price on shares of Biffa PLC in a report on Tuesday. Five investment analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average price target of GBX 266 ($3.44).
Biffa PLC (LON:BIFF) traded up 0.86% during mid-day trading on Friday, hitting GBX 234.75. The stock had a trading volume of 166,207 shares. The firm’s 50-day moving average price is GBX 226.13 and its 200-day moving average price is GBX 205.13. The stock’s market cap is GBX 586.88 million. Biffa PLC has a 1-year low of GBX 166.00 and a 1-year high of GBX 240.94.
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Biffa PLC Company Profile
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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