Sirius Minerals PLC’s (SXX) “Buy” Rating Reiterated at Liberum Capital

Liberum Capital reissued their buy rating on shares of Sirius Minerals PLC (LON:SXX) in a research report sent to investors on Monday morning. Liberum Capital currently has a GBX 60 ($0.79) price target on the potash development company’s stock.

A number of other analysts have also recently commented on SXX. J P Morgan Chase & Co reiterated an overweight rating and issued a GBX 45 ($0.59) price target 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 25.73 on Monday. Sirius Minerals PLC has a 52 week low of GBX 16.75 and a 52 week high of GBX 42.75. The firm’s market cap is GBX 1.13 billion. The firm’s 50 day moving average is GBX 26.07 and its 200-day moving average is GBX 27.51.

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In related news, insider Elizabeth Noel Harwerth bought 7,373 shares of the business’s stock in a transaction dated Monday, September 4th. The stock was bought 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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