Share on StockTwits

Iluka Resources Limited (ASX:ILU)‘s stock had its “underperform” rating reiterated by equities researchers at Credit Suisse in a research report issued on Sunday. They currently have a $8.50 price objective on the stock.

Iluka Resources Limited (ASX:ILU) opened at 8.580 on Friday. Iluka Resources Limited has a 1-year low of A$8.040 and a 1-year high of A$12.080. The stock’s 50-day moving average is A$8.57 and its 200-day moving average is A$8.94. The company has a market cap of A$3.584 billion and a P/E ratio of 197.50.

A number of other firms have also recently commented on ILU. Analysts at Morgan Stanley reiterated an “overweight” rating on shares of Iluka Resources Limited in a research note on Tuesday, August 5th. They now have a $10.10 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Iluka Resources Limited in a research note on Thursday, July 31st. They now have a $8.95 price target on the stock. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. Iluka Resources Limited currently has an average rating of “Hold” and a consensus target price of A$10.14 ($9.47).

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.