Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Iluka Resources Limited (ILKAF – Research Report), Resolute Mining Limited (RMGGF – Research Report) and Core Lithium Ltd (CXOXF – Research Report).
Iluka Resources Limited (ILKAF)
UBS analyst Dim Ariyasinghe maintained a Sell rating on Iluka Resources Limited today and set a price target of A$8.25. The company’s shares closed last Wednesday at $5.38.
Currently, the analyst consensus on Iluka Resources Limited is a Hold with an average price target of $6.58, which is a 21.2% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Sell rating on the stock with a A$7.90 price target.
See Insiders’ Hot Stocks on TipRanks >>
Resolute Mining Limited (RMGGF)
Macquarie analyst Andrew Bowler maintained a Buy rating on Resolute Mining Limited today and set a price target of A$0.55. The company’s shares closed last Thursday at $0.19.
According to TipRanks.com, Bowler is a 1-star analyst with an average return of
Resolute Mining Limited has an analyst consensus of Moderate Buy, with a price target consensus of $0.38.
Core Lithium Ltd (CXOXF)
In a report released today, Hayden Bairstow from Macquarie maintained a Buy rating on Core Lithium Ltd, with a price target of A$0.77. The company’s shares closed last Wednesday at $0.26, close to its 52-week low of $0.24.
According to TipRanks.com, Bairstow is a 3-star analyst with an average return of
Currently, the analyst consensus on Core Lithium Ltd is a Hold with an average price target of $0.36, implying a 38.5% upside from current levels. In a report issued on August 22, J.P. Morgan also upgraded the stock to Buy with a A$0.50 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
