Nomura started coverage on shares of Iluka Resources Limited (ASX: ILU)
A number of other analysts have also recently weighed in on ILU. Analysts at RBC Capital reiterated an ?underperform? rating on shares of Iluka Resources Limited in a research note to investors on Tuesday, January 15th. They now have a $7.89 price target on the stock. Separately, analysts at Deutsche Bank reiterated a ?sell? rating on shares of Iluka Resources Limited in a research note to investors on Thursday, December 13th. They now have a $7.93 price target on the stock. Shares of Iluka Resources Limited traded up 2.89% during mid-day trading on Wednesday, hitting A$9.610. Iluka Resources Limited has a one year low of A$8.340 and a one year high of A$19.055. The stock?s 50-day moving average is currently A$9.94. The company has a market cap of A$4.010 billion and a P/E ratio of 5.83. 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.