Biffa PLC’s (BIFF) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reiterated their buy rating on shares of Biffa PLC (LON:BIFF) in a report released on Wednesday morning. Peel Hunt currently has a GBX 250 ($3.09) target price on the stock.

Several other research firms have also commented on BIFF. Beaufort Securities initiated coverage on shares of Biffa PLC in a research report on Thursday, December 1st. They set a buy rating and a GBX 225 ($2.78) price target for the company. JPMorgan Chase & Co. initiated coverage on shares of Biffa PLC in a research report on Thursday, December 1st. They set an overweight rating and a GBX 220 ($2.72) price target for the company. Finally, Citigroup Inc restated a buy rating and set a GBX 200 ($2.47) price target on shares of Biffa PLC in a research report on Wednesday, December 7th.

Shares of Biffa PLC (LON:BIFF) opened at 195.05 on Wednesday. Biffa PLC has a 52 week low of GBX 166.00 and a 52 week high of GBX 199.00. The company has a 50 day moving average of GBX 187.58 and a 200 day moving average of GBX 180.78. The firm’s market cap is GBX 487.63 million.

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In other news, insider Ian Wakelin purchased 271 shares of the stock in a transaction dated Wednesday, December 28th. The stock was acquired at an average price of GBX 184 ($2.27) per share, for a total transaction of £498.64 ($615.83).

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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