Analysts Offer Insights on Materials Companies: Iluka Resources Limited (OtherILKAF) and Perpetua Resources (PPTA)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Iluka Resources Limited (ILKAF) and Perpetua Resources (PPTA).
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Iluka Resources Limited (ILKAF)
UBS analyst Dim Ariyasinghe maintained a Hold rating on Iluka Resources Limited on May 20 and set a price target of A$5.25. The company’s shares closed last Friday at $5.73.
Ariyasinghe has an average return of
According to TipRanks.com, Ariyasinghe is ranked #1066 out of 12268 analysts.
Iluka Resources Limited has an analyst consensus of Moderate Buy, with a price target consensus of $5.59, a -2.5% downside from current levels. In a report issued on May 5, TipRanks – Google also upgraded the stock to Hold with a A$8.50 price target.
See the top stocks recommended by analysts >>
Perpetua Resources (PPTA)
In a report released today, Brian Quast from BMO Capital maintained a Buy rating on Perpetua Resources, with a price target of C$47.00. The company’s shares closed last Friday at $25.32.
According to TipRanks.com, Quast is a 5-star analyst with an average return of
Currently, the analyst consensus on Perpetua Resources is a Strong Buy with an average price target of $38.15, which is a 31.8% upside from current levels. In a report issued on May 12, H.C. Wainwright also reiterated a Buy rating on the stock with a $41.00 price target.
Read More on ILKAF:
Disclaimer & DisclosureReport an Issue
- Iluka CEO Increases Indirect Stake Through Incentive Share Allocation
- Iluka Issues 1.26 Million Unquoted Rights Under Employee Incentive Scheme
- Iluka Issues New Unquoted Rights Under Employee Incentive Scheme
- Iluka Highlights Risk Factors and Outlook at Macquarie Australia Conference
- Iluka Director Lynne Saint Steps Down, Final Interests Disclosed
