Biffa PLC (LON:BIFF) Rating Reiterated by Numis Securities Ltd
Biffa PLC (LON:BIFF)‘s stock had its “buy” rating reissued by investment analysts at Numis Securities Ltd in a research report issued to clients and investors on Thursday, July 6th, MarketBeat Ratings reports. They currently have a GBX 285 ($3.72) price target on the stock. Numis Securities Ltd’s price target points to a potential upside of 22.98% from the stock’s previous close.
A number of other equities analysts have also commented on the company. J P Morgan Chase & Co lifted their price objective on Biffa PLC from GBX 250 ($3.26) to GBX 260 ($3.40) and gave the stock an “overweight” rating in a research note on Thursday, July 6th. Beaufort Securities lifted their price objective on Biffa PLC from GBX 235 ($3.07) to GBX 250 ($3.26) and gave the stock a “buy” rating in a research note on Thursday, July 6th. Peel Hunt boosted their price target on Biffa PLC from GBX 250 ($3.26) to GBX 265 ($3.46) and gave the company a “buy” rating in a research note on Wednesday, July 5th. Finally, Citigroup Inc. boosted their price target on Biffa PLC from GBX 200 ($2.61) to GBX 240 ($3.13) and gave the company a “buy” rating in a research note on Thursday, June 22nd. Five analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and a consensus target price of GBX 260 ($3.40).
Biffa PLC (LON BIFF) opened at 231.00 on Thursday. Biffa PLC has a 52-week low of GBX 166.00 and a 52-week high of GBX 236.50. The company’s market capitalization is GBX 577.50 million. The stock has a 50 day moving average of GBX 212.89 and a 200-day moving average of GBX 194.74.
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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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