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Analysts at Cantor Fitzgerald Europe assumed coverage on shares of Sirius Petroleum Plc (LON:SRSP) in a research report issued to clients and investors on Tuesday, American Banking reports. The firm set a “buy” rating and a GBX 7.50 ($0.13) price target on the stock. Cantor Fitzgerald Europe’s price objective would indicate a potential upside of 118.66% from the stock’s previous close.

Sirius Petroleum Plc (LON:SRSP) traded up 9.76% during mid-day trading on Tuesday, hitting GBX 3.43. The stock had a trading volume of 1,520,018 shares. Sirius Petroleum Plc has a 1-year low of GBX 2.75 and a 1-year high of GBX 5.471. The stock has a 50-day moving average of GBX 3.05 and a 200-day moving average of GBX 3.4.

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