Sirius Minerals PLC’s (SXX) “Buy” Rating Reaffirmed at Liberum Capital
Liberum Capital reaffirmed their buy rating on shares of Sirius Minerals PLC (LON:SXX) in a report issued on Friday morning. Liberum Capital currently has a GBX 60 ($0.80) target price on the potash development company’s stock.
Other equities analysts also recently issued research reports about the stock. Shore Capital reissued a buy rating on shares of Sirius Minerals PLC in a report on Thursday, June 1st. J P Morgan Chase & Co restated an overweight rating and set a GBX 45 ($0.60) target price on shares of Sirius Minerals PLC in a research report on Friday, June 30th.
Sirius Minerals PLC (LON SXX) opened at 25.29 on Friday. The stock’s market capitalization is GBX 1.11 billion. Sirius Minerals PLC has a 12 month low of GBX 16.75 and a 12 month high of GBX 42.75. The stock has a 50 day moving average price of GBX 26.50 and a 200 day moving average price of GBX 27.13.
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In related news, insider Elizabeth Noel Harwerth bought 7,373 shares of the firm’s stock in a transaction that occurred on Monday, September 4th. The shares were bought at an average cost of GBX 27 ($0.36) per share, with a total value of £1,990.71 ($2,640.55).
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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