Iluka Resources Limited (ASX:ILU)‘s stock had its “outperform” rating reaffirmed by equities researchers at Credit Suisse in a research report issued on Friday, Stock Ratings Network reports. They currently have a $147.00 target price on the stock.
Shares of Iluka Resources Limited (ASX:ILU) opened at 10.005 on Friday. Iluka Resources Limited has a one year low of A$7.360 and a one year high of A$13.600. The stock has a 50-day moving average of A$9.84 and a 200-day moving average of A$9.35. The company has a market cap of A$4.180 billion and a P/E ratio of 34.39.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital upgraded shares of Iluka Resources Limited from a “sector perform” rating to an “outperform” rating in a research note to investors on Monday. They now have a $13.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of A$57.29 ($55.62).
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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