Sirius Minerals PLC (SXX) Stock Rating Reaffirmed by Liberum Capital
Sirius Minerals PLC (LON:SXX)‘s stock had its “buy” rating reaffirmed by research analysts at Liberum Capital in a research report issued to clients and investors on Monday. They currently have a GBX 60 ($0.79) price target on the potash development company’s stock. Liberum Capital’s target price indicates a potential upside of 136.50% from the stock’s current price.
A number of other research analysts have also recently commented on the company. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 45 ($0.59) target price on shares of Sirius Minerals PLC in a research note on Monday, October 2nd. Shore Capital restated a “buy” rating on shares of Sirius Minerals PLC in a research note on Friday, September 29th.
Shares of Sirius Minerals PLC (SXX) opened at 25.37 on Monday. The company’s 50-day moving average price is GBX 26.09 and its 200 day moving average price is GBX 27.53. The company’s market cap is GBX 1.11 billion. Sirius Minerals PLC has a one year low of GBX 16.75 and a one year high of GBX 42.75.
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In related news, insider Elizabeth Noel Harwerth acquired 7,373 shares of the stock in a transaction on Monday, September 4th. The stock was acquired at an average price of GBX 27 ($0.35) per share, for a total transaction of £1,990.71 ($2,617.29).
Sirius Minerals PLC Company Profile
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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