Biffa (BIFF) Receives “Buy” Rating from Numis Securities

Biffa (LON:BIFF)‘s stock had its “buy” rating reissued by equities research analysts at Numis Securities in a report released on Thursday. They currently have a GBX 315 ($4.42) price target on the stock. Numis Securities’ price target suggests a potential upside of 33.07% from the stock’s previous close.

Separately, Peel Hunt reaffirmed a “buy” rating and issued a GBX 265 ($3.72) price target on shares of Biffa in a research note on Tuesday, January 23rd. Five research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average price target of GBX 272 ($3.82).

Biffa (LON:BIFF) traded down GBX 2.78 ($0.04) during midday trading on Thursday, reaching GBX 236.72 ($3.32). The company’s stock had a trading volume of 245,842 shares, compared to its average volume of 192,132. The firm has a market capitalization of $596.25 and a price-to-earnings ratio of 3,381.71. Biffa has a one year low of GBX 175.50 ($2.46) and a one year high of GBX 265 ($3.72).

In other Biffa news, insider David Gooding sold 23,000 shares of the company’s stock in a transaction dated Thursday, November 23rd. The stock was sold at an average price of GBX 260 ($3.65), for a total transaction of £59,800 ($83,976.97). Also, insider Michael Topham sold 3,856 shares of the company’s stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of GBX 249 ($3.50), for a total value of £9,601.44 ($13,483.27). In the last ninety days, insiders sold 436,951 shares of company stock worth $110,179,084.

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About Biffa

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.

Analyst Recommendations for Biffa (LON:BIFF)

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