Analysts fell to the sidelines weighing in on Iluka Resources Limited (ILKAF – Research Report) and Pilbara Minerals Limited (PILBF – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Iluka Resources Limited (ILKAF)
In a report released today, Rahul Anand from Morgan Stanley maintained a Hold rating on Iluka Resources Limited, with a price target of A$7.20. The company’s shares closed last Thursday at $4.78, close to its 52-week low of $4.25.
According to TipRanks.com, Anand is a 5-star analyst with an average return of
Currently, the analyst consensus on Iluka Resources Limited is a Hold with an average price target of $4.92, which is a 2.9% upside from current levels. In a report issued on April 19, Bernstein also maintained a Hold rating on the stock with a A$7.40 price target.
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Pilbara Minerals Limited (PILBF)
In a report released today, Robert Stein from Macquarie maintained a Hold rating on Pilbara Minerals Limited, with a price target of A$4.20. The company’s shares closed last Friday at $2.40.
According to TipRanks.com, Stein is a 4-star analyst with an average return of
Pilbara Minerals Limited has an analyst consensus of Hold, with a price target consensus of $2.40, implying a 2.1% upside from current levels. In a report released today, Bell Potter also maintained a Hold rating on the stock with a A$3.60 price target.
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