Analyst Price Target is $9.75
▲ +40.09% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Iluka Resources in the last 3 months. The average price target is $9.75, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 40.09% upside from the last price of $6.96.
Current Consensus is
The current consensus among 2 investment analysts is to sell stock in Iluka Resources. This rating has held steady since November 2020, when it changed from a Hold consensus rating.
Iluka Resources Limited engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands. The company operates through Jacinth-Ambrosia/Mid West, Cataby/South West, Sierra Rutile, and United States/Murray Basin segments. It produces zircon; titanium dioxide products of rutile and synthetic rutile; and ilmenite, as well as activated carbon and iron concentrate products. The company also engages in the exploration of rare earths elements, such as monazite and xenotime. Its products are used in technology, construction, medical, lifestyle and industrial applications. It has operations in Australia, China, rest of Asia, Europe, the Americas, and internationally. The company was formerly known as Westralian Sands Limited and changed its name to Iluka Resources Limited in May 1999. Iluka Resources Limited was incorporated in 1954 and is headquartered in Perth, Australia.