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

Sirius Minerals (LON:SXX)‘s stock had its “buy” rating reiterated by research analysts at Liberum Capital in a research note issued to investors on Friday. They currently have a GBX 60 ($0.81) price target on the potash development company’s stock. Liberum Capital’s target price suggests a potential upside of 157.51% from the stock’s previous close.

A number of other equities analysts have also recently issued reports on the company. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 45 ($0.61) target price on shares of Sirius Minerals in a report on Friday, October 27th. Shore Capital reiterated a “buy” rating on shares of Sirius Minerals in a report on Tuesday, October 24th.

Sirius Minerals (SXX) opened at GBX 23.30 ($0.32) on Friday. The stock has a market capitalization of $1,040.00 and a PE ratio of -582.50. Sirius Minerals has a 1-year low of GBX 16.75 ($0.23) and a 1-year high of GBX 35.50 ($0.48).

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Sirius Minerals 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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