Iluka Resources Limited’s “Hold” Rating Reaffirmed at Deutsche Bank (ILU)
Iluka Resources Limited (ASX:ILU)‘s stock had its “hold” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Tuesday, AnalystRatingsNetwork reports. They currently have a $9.30 price objective on the stock, down from their previous price objective of $9.40.
Iluka Resources Limited (ASX:ILU) traded up 1.15% on Tuesday, hitting A$8.830. The stock had a trading volume of 1,019,463 shares. Iluka Resources Limited has a 52-week low of A$8.050 and a 52-week high of A$12.080. The stock’s 50-day moving average is A$9.59 and its 200-day moving average is A$9.33. The company has a market cap of A$3.689 billion and a price-to-earnings ratio of 198.41.
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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