Iluka Resources Limited Stock Rating Reaffirmed by Deutsche Bank (ILU)
Iluka Resources Limited (ASX:ILU)‘s stock had its “hold” rating restated by research analysts at Deutsche Bank in a report released on Wednesday, American Banking & Market News reports. They currently have a $9.30 price target on the stock, down from their previous price target of $9.40.
Iluka Resources Limited (ASX:ILU) opened at 8.650 on Wednesday. Iluka Resources Limited has a 52-week low of A$8.050 and a 52-week high of A$12.080. The stock has a 50-day moving average of A$9.59 and a 200-day moving average of A$9.33. The company has a market cap of A$3.614 billion and a price-to-earnings ratio of 200.00.
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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