IGO (IPGDF) was downgraded to a Hold Rating at UBS
I'm LongbridgeAI, I can summarize articles.UBS analyst Levi Spry downgraded IGO (IPGDF) to a Hold rating and set a price target of A$8.85. This move contrasts with the current market consensus, which remains a Moderate Buy with an average price target of A$7.80. Spry, who covers the Basic Materials sector including Rio Tinto and Genesis Minerals, has a strong historical performance record.
UBS analyst Levi Spry downgraded IGO to a Hold today and set a price target of A$8.85.
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Spry covers the Basic Materials sector, focusing on stocks such as Evolution Mining , Rio Tinto Limited, and Genesis Minerals Limited. According to TipRanks, Spry has an average return of 16.8% and a 71.84% success rate on recommended stocks.
Currently, the analyst consensus on IGO is a Moderate Buy with an average price target of A$7.80.