Biffa PLC (LON:BIFF) had its target price lifted by research analysts at J P Morgan Chase & Co from GBX 250 ($3.24) to GBX 260 ($3.37) in a report released on Thursday, MarketBeat.com reports. The brokerage currently has an “overweight” rating on the stock. J P Morgan Chase & Co’s price objective points to a potential upside of 17.91% from the company’s previous close.
Other research analysts also recently issued research reports about the company. Beaufort Securities reaffirmed a “buy” rating and set a GBX 235 ($3.04) price target on shares of Biffa PLC in a research note on Thursday, June 15th. Peel Hunt lifted their price target on Biffa PLC from GBX 250 ($3.24) to GBX 265 ($3.43) and gave the stock a “buy” rating in a research note on Wednesday, July 5th. Citigroup Inc. lifted their price target on Biffa PLC from GBX 200 ($2.59) to GBX 240 ($3.11) and gave the stock a “buy” rating in a research note on Thursday, June 22nd. Finally, Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 260 ($3.37) price target on shares of Biffa PLC in a research note on Friday, March 31st. Five investment analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 260 ($3.37).
Shares of Biffa PLC (LON:BIFF) opened at 218.00 on Thursday. The firm’s market capitalization is GBX 545.00 million. The stock has a 50 day moving average of GBX 201.88 and a 200-day moving average of GBX 190.00. Biffa PLC has a 12 month low of GBX 166.00 and a 12 month high of GBX 233.50.
The business also recently disclosed a dividend, which will be paid on Friday, July 28th. Stockholders of record on Thursday, July 6th will be paid a dividend of GBX 2.40 ($0.03) per share. This represents a dividend yield of 1.24%. The ex-dividend date is Thursday, July 6th.
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About Biffa PLC
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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