Iluka Resources Limited (ASX:ILU)‘s stock had its “overweight” rating reaffirmed by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Wednesday, Analyst Ratings.Net reports.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Iluka Resources Limited (ASX:ILU) in a research note to investors on Thursday, August 22nd.
Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of A$10.69 ($9.54).
Iluka Resources Limited (ASX:ILU) opened at 10.835 on Wednesday. Iluka Resources Limited has a one year low of A$7.360 and a one year high of A$11.950. The stock’s 50-day moving average is A$11.01 and its 200-day moving average is A$10.22. The company has a market cap of A$4.527 billion and a P/E ratio of 37.96.
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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