Biffa (LON:BIFF) had its price target dropped by research analysts at Peel Hunt from GBX 286 ($3.76) to GBX 260 ($3.42) in a report issued on Wednesday, Stock Target Advisor reports. The brokerage presently has an “add” rating on the stock. Peel Hunt’s price target indicates a potential upside of 36.41% from the company’s previous close.
Other equities analysts have also issued research reports about the stock. Peel Hunt lifted their price target on shares of Biffa from GBX 260 ($3.42) to GBX 275 ($3.62) and gave the company an “add” rating in a report on Wednesday, February 12th. HSBC lifted their price target on shares of Biffa from GBX 300 ($3.95) to GBX 350 ($4.60) and gave the company a “buy” rating in a report on Thursday, February 20th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of GBX 253.33 ($3.33).
LON BIFF opened at GBX 186.60 ($2.45) on Wednesday. The firm has a market cap of $466.50 million and a price-to-earnings ratio of 23.92. The business has a 50-day moving average price of GBX 273.03 and a 200-day moving average price of GBX 260.99. Biffa has a twelve month low of GBX 186.80 ($2.46) and a twelve month high of GBX 314 ($4.13). 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 Company Profile
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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