JPMorgan Chase & Co. Reaffirms Overweight Rating for Sirius Minerals (SXX)
JPMorgan Chase & Co. reissued their overweight rating on shares of Sirius Minerals (LON:SXX) in a research note released on Wednesday morning. They currently have a GBX 45 ($0.62) target price on the potash development company’s stock.
Other research analysts have also issued research reports about the stock. Liberum Capital reaffirmed a buy rating and issued a GBX 60 ($0.83) price target on shares of Sirius Minerals in a research note on Monday, February 26th. Shore Capital reaffirmed a buy rating on shares of Sirius Minerals in a research note on Wednesday, February 14th.
Sirius Minerals (SXX) opened at GBX 27.84 ($0.38) on Wednesday. Sirius Minerals has a one year low of GBX 16.75 ($0.23) and a one year high of GBX 35.50 ($0.49). The firm has a market cap of $1,240.00 and a P/E ratio of -696.00.
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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