Sirius Minerals (SXX) Earns “Buy” Rating from Liberum Capital
Sirius Minerals (LON:SXX)‘s stock had its “buy” rating reiterated by investment analysts at Liberum Capital in a research report issued to clients and investors on Wednesday. They presently have a GBX 60 ($0.83) target price on the potash development company’s stock. Liberum Capital’s price objective would indicate a potential upside of 170.76% from the stock’s current price.
Several other analysts have also recently commented on SXX. Shore Capital restated a “buy” rating on shares of Sirius Minerals in a report on Tuesday, October 24th. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 45 ($0.62) price target on shares of Sirius Minerals in a report on Friday, October 27th.
Shares of Sirius Minerals (LON SXX) opened at GBX 22.16 ($0.31) on Wednesday. The company has a market capitalization of $989.02 and a price-to-earnings ratio of -554.00. Sirius Minerals has a 1-year low of GBX 16.75 ($0.23) and a 1-year high of GBX 35.50 ($0.49).
About Sirius Minerals
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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