Biffa PLC (BIFF) Insider Sells £502,000 in Stock

Biffa PLC (LON:BIFF) insider Mick Davis sold 200,000 shares of Biffa stock in a transaction dated Thursday, January 18th. The stock was sold at an average price of GBX 251 ($3.40), for a total value of £502,000 ($680,770.27).

Biffa PLC (LON BIFF) opened at GBX 249.50 ($3.38) on Friday. Biffa PLC has a 52-week low of GBX 175.50 ($2.38) and a 52-week high of GBX 265 ($3.59). The firm has a market capitalization of $623.75 and a PE ratio of 3,564.29.

The firm also recently announced a dividend, which was paid on Friday, January 5th. Shareholders of record on Thursday, December 7th were given a GBX 2.17 ($0.03) dividend. This represents a yield of 0.84%. The ex-dividend date was Thursday, December 7th.

Separately, Numis Securities reissued a “buy” rating and issued a GBX 285 ($3.86) target price on shares of Biffa in a research report on Thursday, October 19th. Five equities research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and an average target price of GBX 266 ($3.61).

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About Biffa

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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