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Sirius Minerals PLC 47.9% Potential Upside Indicated by Berenberg

Sirius Minerals PLC using EPIC/TICKER code (LON:SXX) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Sirius Minerals PLC are listed in the Basic Materials sector within AIM. Berenberg have set their target price at 50 GBX on its stock. This now indicates the analyst believes there is a possible upside of 47.9% from today’s opening price of 33.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 0.64 points and increased 5.76 points respectively. The 52 week high share price is 35.08 GBX while the 52 week low for the stock is 20.71 GBX.

Sirius Minerals PLC has a 50 day moving average of 33.98 GBX and a 200 day moving average of 28.28. There are currently 4,700,464,128 shares in issue with the average daily volume traded being 12,218,601. Market capitalisation for LON:SXX is £1,577,013,305 GBP.