Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Iluka Resources Limited (ILKAF – Research Report), Gold Road Resources Ltd (ELKMF – Research Report) and Pilbara Minerals Limited (PILBF – Research Report).
Iluka Resources Limited (ILKAF)
In a report issued on April 22, Reg Spencer from Canaccord Genuity maintained a Hold rating on Iluka Resources Limited, with a price target of A$7.40.
According to TipRanks.com, Spencer is a 3-star analyst with an average return of
Currently, the analyst consensus on Iluka Resources Limited is a Moderate Buy with an average price target of $5.05, representing a 5.6% upside. 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)
Canaccord Genuity analyst Timothy Hoff maintained a Buy rating on Pilbara Minerals Limited on April 22 and set a price target of A$4.25. The company’s shares closed last Thursday at $2.49.
According to TipRanks.com, Hoff is a 2-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Pilbara Minerals Limited with a $2.52 average price target, which is a -4.9% downside from current levels. In a report issued on April 8, Jefferies also maintained a Buy rating on the stock with a A$4.40 price target.
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