Biffa PLC (BIFF) Stock Rating Reaffirmed by Numis Securities Ltd

Numis Securities Ltd restated their buy rating on shares of Biffa PLC (LON:BIFF) in a research note released on Friday, May 12th. The brokerage currently has a GBX 260 ($3.29) price objective on the stock.

Several other analysts have also recently issued reports on the stock. J P Morgan Chase & Co reaffirmed an overweight rating and issued a GBX 220 ($2.78) price target on shares of Biffa PLC in a report on Thursday, March 16th. Peel Hunt reissued a buy rating and set a GBX 250 ($3.16) target price on shares of Biffa PLC in a report on Wednesday, March 15th. Finally, Beaufort Securities reissued a buy rating and set a GBX 235 ($2.97) target price on shares of Biffa PLC in a report on Thursday, March 16th. Five investment analysts have rated the stock with a buy rating, Biffa PLC currently has a consensus rating of Buy and an average price target of GBX 233 ($2.95).

Shares of Biffa PLC (LON BIFF) traded up 1.28% during trading on Friday, hitting GBX 198.00. The stock had a trading volume of 423,698 shares. The stock’s market cap is GBX 495.00 million. Biffa PLC has a one year low of GBX 166.00 and a one year high of GBX 200.00. The stock’s 50 day moving average price is GBX 194.56 and its 200-day moving average price is GBX 187.07.

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The firm also recently disclosed a dividend, which will be paid on Friday, July 28th. Stockholders of record on Thursday, July 6th will be given a dividend of GBX 2.40 ($0.03) per share. The ex-dividend date of this dividend is Thursday, July 6th. This represents a dividend yield of 1.24%.

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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