Incitec Pivot Stock Rating Reaffirmed by Credit Agricole (IPL)
Incitec Pivot (ASX:IPL)‘s stock had its “buy” rating reaffirmed by Credit Agricole in a research note issued on Monday, Analyst Ratings Network.com reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at CIMB reiterated a “neutral” rating on shares of Incitec Pivot in a research note to investors on Tuesday, October 1st. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of A$3.44 ($3.31).
Shares of Incitec Pivot (ASX:IPL) traded down 0.75% during mid-day trading on Monday, hitting A$2.640. 2,524,565 shares of the company’s stock traded hands. Incitec Pivot has a one year low of A$2.490 and a one year high of A$3.340. The stock has a 50-day moving average of A$2.67 and a 200-day moving average of A$2.76. The company has a market cap of A$4.300 billion and a P/E ratio of 9.08.
Incitec Pivot Limited (ASX:IPL) is engaged in the manufacture, trading and distribution of fertilizers, industrial explosives and chemicals, and the provision of related services.
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