Equities researchers at Peel Hunt initiated coverage on shares of Biffa PLC (LON:BIFF) in a research report issued to clients and investors on Monday. The brokerage set a “buy” rating and a GBX 255 ($3.16) price target on the stock. Peel Hunt’s price objective points to a potential upside of 45.51% from the company’s previous close.

Shares of Biffa PLC (LON:BIFF) opened at 178.125 on Monday. The firm’s market cap is GBX 17.81 million. Biffa PLC has a 12-month low of GBX 166.00 and a 12-month high of GBX 187.00. The company has a 50 day moving average price of GBX 174.86 and a 200-day moving average price of GBX 174.86.

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