Biffa PLC (BIFF) Price Target Raised to GBX 270
Biffa PLC (LON:BIFF) had its price target upped by J P Morgan Chase & Co from GBX 260 ($3.36) to GBX 270 ($3.49) in a report released on Friday morning. The brokerage currently has an overweight rating on the stock.
BIFF has been the subject of a number of other reports. Numis Securities Ltd restated a buy rating and set a GBX 260 ($3.36) price objective on shares of Biffa PLC in a research report on Friday, May 12th. Peel Hunt restated a buy rating and set a GBX 250 ($3.23) price objective on shares of Biffa PLC in a research report on Wednesday, June 14th. Citigroup Inc. raised their price objective on Biffa PLC from GBX 200 ($2.58) to GBX 240 ($3.10) and gave the stock a buy rating in a research report on Thursday, June 22nd. Finally, Beaufort Securities raised their price objective on Biffa PLC from GBX 235 ($3.03) to GBX 250 ($3.23) and gave the stock a buy rating in a research report on Thursday, July 6th. Five research analysts have rated the stock with a buy rating, The company has a consensus rating of Buy and a consensus price target of GBX 266 ($3.44).
Biffa PLC (LON BIFF) opened at 231.25 on Friday. The stock’s 50 day moving average is GBX 226.13 and its 200-day moving average is GBX 205.13. Biffa PLC has a 1-year low of GBX 166.00 and a 1-year high of GBX 238.75. The firm’s market cap is GBX 578.13 million.
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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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