Sirius Minerals PLC’s (SXX) “Overweight” Rating Reaffirmed at J P Morgan Chase & Co
J P Morgan Chase & Co restated their overweight rating on shares of Sirius Minerals PLC (LON:SXX) in a research report report published on Friday, June 2nd. They currently have a GBX 40 ($0.51) price objective on the potash development company’s stock.
A number of other analysts have also commented on SXX. Liberum Capital reiterated a buy rating and set a GBX 60 ($0.76) price target on shares of Sirius Minerals PLC in a report on Thursday, February 2nd. Shore Capital reiterated a buy rating on shares of Sirius Minerals PLC in a report on Monday, March 13th.
Sirius Minerals PLC (LON SXX) traded down 0.76% on Friday, hitting GBX 32.50. The company had a trading volume of 283,437,939 shares. The stock has a 50 day moving average of GBX 28.56 and a 200-day moving average of GBX 21.60. Sirius Minerals PLC has a one year low of GBX 14.22 and a one year high of GBX 52.50. The stock’s market capitalization is GBX 1.35 billion.
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About Sirius Minerals PLC
Sirius Mineral Plc is a United Kingdom-based resource development company. The Company is focused on the development of a polyhalite deposit located in North Yorkshire, the United Kingdom. The Company’s focus is on developing a multi-nutrient product, POLY4, to be used as a direct-application fertilizer and as a component in nitrogen, phosphorus and potassium (NPK) blending.
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