Biffa (LON:BIFF)‘s stock had its “buy” rating reissued by analysts at Peel Hunt in a research report issued to clients and investors on Tuesday, ThisIsMoney.Co.Uk reports.
BIFF has been the topic of a number of other reports. Peel Hunt decreased their price objective on shares of Biffa from GBX 252 ($3.29) to GBX 240 ($3.14) and set a “buy” rating on the stock in a research note on Wednesday, September 11th. Numis Securities reissued a “buy” rating on shares of Biffa in a research note on Wednesday, June 5th. Finally, HSBC cut their target price on shares of Biffa from GBX 285 ($3.72) to GBX 280 ($3.66) and set a “buy” rating on the stock in a research report on Wednesday, June 12th. Five research analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and an average price target of GBX 270 ($3.53).
Shares of LON:BIFF opened at GBX 234 ($3.06) on Tuesday. The company’s 50 day simple moving average is GBX 205.93 and its 200 day simple moving average is GBX 217.28. The stock has a market capitalization of $585.00 million and a price-to-earnings ratio of 32.50. The company has a debt-to-equity ratio of 116.38, a current ratio of 0.98 and a quick ratio of 0.89. Biffa has a 1 year low of GBX 171.80 ($2.24) and a 1 year high of GBX 268 ($3.50).
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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