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Iluka Resources Limited (ASX:ILU)‘s stock had its “hold” rating reaffirmed by Deutsche Bank in a research note issued on Wednesday. They currently have a $8.95 target price on the stock.

Iluka Resources Limited (ASX:ILU) traded down 1.57% during mid-day trading on Wednesday, hitting A$8.800. 2,092,683 shares of the company’s stock traded hands. Iluka Resources Limited has a 52-week low of A$8.040 and a 52-week high of A$12.080. The stock’s 50-day moving average is A$8.48 and its 200-day moving average is A$8.93. The company has a market cap of A$3.676 billion and a P/E ratio of 203.18.

Separately, analysts at Morgan Stanley reiterated an “overweight” rating on shares of Iluka Resources Limited in a research note on Sunday, July 20th. They now have a $10.10 price target on the stock. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of A$10.14 ($9.56).

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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