Biffa (LON:BIFF) Price Target Raised to GBX 275 at Peel Hunt
Biffa (LON:BIFF) had its price objective hoisted by Peel Hunt from GBX 260 ($3.42) to GBX 275 ($3.62) in a research note issued to investors on Wednesday morning, LSE.Co.UK reports. Peel Hunt currently has an add rating on the stock.
BIFF has been the subject of a number of other research reports. Peel Hunt lifted their target price on Biffa from GBX 260 ($3.42) to GBX 275 ($3.62) and gave the stock an add rating in a report on Wednesday. HSBC reissued a buy rating on shares of Biffa in a report on Thursday, December 5th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus target price of GBX 284 ($3.74).
Shares of Biffa stock remained flat at $GBX 295 ($3.88) on Wednesday. The company’s stock had a trading volume of 57,685 shares, compared to its average volume of 890,367. The company has a market cap of $737.50 million and a P/E ratio of 37.82. The company’s 50 day moving average price is GBX 277.98 and its two-hundred day moving average price is GBX 247.57. Biffa has a twelve month low of GBX 172.80 ($2.27) and a twelve month high of GBX 296.50 ($3.90). The company has a quick ratio of 0.90, a current ratio of 0.95 and a debt-to-equity ratio of 146.64.
Biffa plc provides waste management services in the United Kingdom. It operates through four divisions: Industrial & Commercial, Municipal, Resource Recovery & Treatment, and Energy. The company is involved in the collection, treatment, processing, and disposal of industrial and commercial waste and recyclable materials; production and sale of energy from waste; and sale of recovered commodities, such as paper, glass, metals, and plastic.
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