Iluka Resources Limited Stock Rating Reaffirmed by Deutsche Bank (ILU)
Iluka Resources Limited (ASX:ILU)‘s stock had its “hold” rating restated by investment analysts at Deutsche Bank in a note issued to investors on Monday, Analyst Ratings Network.com reports. They currently have a $9.00 price target on the stock.
Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Iluka Resources Limited in a research note to investors on Sunday, November 3rd. They now have a $147.00 price target on the stock. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of A$45.22 ($39.32).
Shares of Iluka Resources Limited (ASX:ILU) traded up 2.31% on Monday, hitting A$8.850. 2,506,181 shares of the company’s stock traded hands. Iluka Resources Limited has a 1-year low of A$7.865 and a 1-year high of A$12.080. The stock has a 50-day moving average of A$9.65 and a 200-day moving average of A$10.67. The company has a market cap of A$3.698 billion and a price-to-earnings ratio of 29.42.
Iluka Resources Limited is the producer of zircon globally and producer of the titanium dioxide products of rutile and synthetic rutile, with operations in Australia and Virginia, United States.
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