Biffa PLC (BIFF) PT Raised to GBX 270
Biffa PLC (LON:BIFF) had its price objective hoisted by J P Morgan Chase & Co from GBX 260 ($3.36) to GBX 270 ($3.49) in a research note issued to investors on Friday. The brokerage currently has an “overweight” rating on the stock. J P Morgan Chase & Co’s price objective would suggest a potential upside of 15.02% from the company’s previous close.
Other analysts have also issued research reports about the company. Beaufort Securities reissued a “buy” rating and set a GBX 235 ($3.03) price objective on shares of Biffa PLC in a research note on Thursday, June 15th. Peel Hunt increased their price objective on Biffa PLC from GBX 250 ($3.23) to GBX 265 ($3.42) and gave the company a “buy” rating in a research note on Wednesday, July 5th. Citigroup Inc. increased their price objective on Biffa PLC from GBX 200 ($2.58) to GBX 240 ($3.10) and gave the company a “buy” rating in a research note on Thursday, June 22nd. Finally, Numis Securities Ltd reissued a “buy” rating and set a GBX 285 ($3.68) price objective on shares of Biffa PLC in a research note on Tuesday. Five research analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and a consensus price target of GBX 266 ($3.44).
Biffa PLC (BIFF) traded up 0.86% on Friday, reaching GBX 234.75. 166,207 shares of the company’s stock traded hands. The firm’s market cap is GBX 586.88 million. The firm’s 50-day moving average is GBX 226.13 and its 200 day moving average is GBX 205.13. Biffa PLC has a 12 month low of GBX 166.00 and a 12 month high of GBX 240.94.
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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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