Liberum Capital Reaffirms “Buy” Rating for Sirius Minerals PLC (SXX)

Liberum Capital restated their buy rating on shares of Sirius Minerals PLC (LON:SXX) in a research report sent to investors on Wednesday. They currently have a GBX 60 ($0.78) target price on the potash development company’s stock.

Several other brokerages also recently issued reports on SXX. J P Morgan Chase & Co reiterated an overweight rating and issued a GBX 45 ($0.58) price target on shares of Sirius Minerals PLC in a report on Friday, June 30th. Shore Capital reiterated a buy rating on shares of Sirius Minerals PLC in a report on Thursday, May 25th.

Sirius Minerals PLC (SXX) opened at 27.70 on Wednesday. The company’s 50-day moving average price is GBX 29.44 and its 200 day moving average price is GBX 25.22. Sirius Minerals PLC has a 1-year low of GBX 16.75 and a 1-year high of GBX 52.50. The firm’s market capitalization is GBX 1.16 billion.

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About Sirius Minerals PLC

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.