Biffa PLC’s (BIFF) Buy Rating Reiterated at Numis Securities Ltd
Biffa PLC (LON:BIFF)‘s stock had its “buy” rating restated by analysts at Numis Securities Ltd in a research note issued on Thursday. They currently have a GBX 285 ($3.79) target price on the stock. Numis Securities Ltd’s price objective suggests a potential upside of 14.69% from the stock’s current price.
A number of other research analysts have also recently commented on BIFF. Citigroup Inc. upped their target price on Biffa PLC from GBX 200 ($2.66) to GBX 240 ($3.19) and gave the company a “buy” rating in a research note on Thursday, June 22nd. Peel Hunt upped their target price on Biffa PLC from GBX 250 ($3.32) to GBX 265 ($3.52) and gave the company a “buy” rating in a research note on Wednesday, July 5th. Beaufort Securities upped their target price on Biffa PLC from GBX 235 ($3.12) to GBX 250 ($3.32) and gave the company a “buy” rating in a research note on Thursday, July 6th. Finally, J P Morgan Chase & Co upped their target price on Biffa PLC from GBX 250 ($3.32) to GBX 260 ($3.45) and gave the company an “overweight” rating in a research note on Thursday, July 6th. Five research analysts have rated the stock with a buy rating, Biffa PLC currently has a consensus rating of “Buy” and a consensus target price of GBX 266 ($3.53).
Shares of Biffa PLC (BIFF) opened at 250.00 on Thursday. The stock has a 50 day moving average price of GBX 235.54 and a 200-day moving average price of GBX 214.65. Biffa PLC has a 12 month low of GBX 166.00 and a 12 month high of GBX 254.00. The company’s market capitalization is GBX 625.00 million.
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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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