Morgans analyst Belinda Moore maintained a Hold rating on Incitec Pivot today and set a price target of A$3.16. The company’s shares closed last Friday at $1.92.
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Moore covers the Consumer Defensive sector, focusing on stocks such as a2 Milk Company, Graincorp Limited Class A, and Treasury Wine Estates Limited. According to TipRanks, Moore has an average return of 7.5% and a 58.59% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Incitec Pivot with a $2.19 average price target, implying a 14.06% upside from current levels. In a report released yesterday, Citi also maintained a Hold rating on the stock with a A$3.50 price target.
ICPVF market cap is currently $3.68B and has a P/E ratio of -31.92.
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