Biffa PLC (BIFF) Insider Richard Pike Buys 150,000 Shares
Biffa PLC (LON:BIFF) insider Richard Pike bought 150,000 shares of the company’s stock in a transaction on Thursday, December 6th. The shares were bought at an average price of GBX 193 ($2.52) per share, for a total transaction of £289,500 ($378,283.03).
Richard Pike also recently made the following trade(s):
- On Monday, September 17th, Richard Pike bought 70,000 shares of Biffa stock. The shares were bought at an average price of GBX 251 ($3.28) per share, for a total transaction of £175,700 ($229,583.17).
Shares of BIFF stock opened at GBX 198.40 ($2.59) on Friday. Biffa PLC has a 52-week low of GBX 183 ($2.39) and a 52-week high of GBX 265 ($3.46).
Several equities research analysts have issued reports on BIFF shares. Peel Hunt dropped their target price on Biffa from GBX 296 ($3.87) to GBX 277 ($3.62) and set a “buy” rating on the stock in a research report on Wednesday, November 21st. Berenberg Bank started coverage on Biffa in a research report on Thursday, September 6th. They set a “hold” rating and a GBX 215 ($2.81) target price on the stock. Numis Securities restated a “buy” rating and set a GBX 290 ($3.79) target price on shares of Biffa in a research report on Friday, August 17th. Finally, HSBC restated a “buy” rating on shares of Biffa in a research report on Wednesday, November 21st. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Biffa presently has a consensus rating of “Buy” and a consensus target price of GBX 257 ($3.36).
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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