Peel Hunt Raises Biffa (LON:BIFF) Price Target to GBX 275
Biffa (LON:BIFF) had its price target lifted by Peel Hunt from GBX 260 ($3.42) to GBX 275 ($3.62) in a report issued on Wednesday, Stock Target Advisor reports. They currently have an add rating on the stock.
Separately, HSBC reiterated a buy rating on shares of Biffa in a research report on Thursday, December 5th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of GBX 284 ($3.74).
Shares of LON BIFF opened at GBX 295 ($3.88) on Wednesday. Biffa has a 1 year low of GBX 172.80 ($2.27) and a 1 year high of GBX 296.50 ($3.90). The company has a debt-to-equity ratio of 146.64, a current ratio of 0.95 and a quick ratio of 0.90. The company’s 50-day moving average is GBX 278.52 and its 200 day moving average is GBX 247.98. The stock has a market capitalization of $737.50 million and a P/E ratio of 37.82.
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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