Macquarie Remains a Buy on Iluka Resources Limited (ILKAF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 16 2025
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Source: Business Insider
Analyst Ratings: Robert Stein from Macquarie maintains a Buy rating on Iluka Resources Limited with a price target of A$6.50, while J.P. Morgan also issued a Buy, and Citi has a Hold rating on the stock.
Company Performance: Iluka Resources reported quarterly revenue of $645.5 million and a net profit of $133.7 million for the quarter ending June 30, showing a decline compared to last year's revenue of $745.4 million and net profit of $203.8 million.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
