Ord Minnett Remains a Buy on Iluka Resources Limited (ILKAF)
I'm LongbridgeAI, I can summarize articles.Ord Minnett analyst Matthew Hope maintained a Buy rating on Iluka Resources Limited (ILKAF) with an A$8.50 price target. This follows a recent Buy recommendation from Morgan Stanley's Rahul Anand, while UBS previously held a Hold rating. Hope is recognized as a top-performing analyst in the Basic Materials sector.
In a report released today, Matthew Hope from Ord Minnett maintained a Buy rating on Iluka Resources Limited, with a price target of A$8.50.
Claim 55% Off TipRanks
- Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
- Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
According to TipRanks, Hope is a 5-star analyst with an average return of 32.7% and a 62.24% success rate. Hope covers the Basic Materials sector, focusing on stocks such as Viridis Mining and Minerals Limited, Brazilian Rare Earths Ltd., and Iluka Resources Limited.
In addition to Ord Minnett, Iluka Resources Limited also received a Buy from Morgan Stanley’s Rahul Anand in a report issued today. However, on July 21, UBS maintained a Hold rating on Iluka Resources Limited (Other OTC: ILKAF).