Canaccord Genuity analyst Timothy Hoff maintained a Hold rating on IGO today and set a price target of A$5.40. The company’s shares closed last Thursday at $3.43.
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Hoff covers the Basic Materials sector, focusing on stocks such as Pilbara Minerals , IGO, and ioneer Limited. According to TipRanks, Hoff has an average return of 2.5% and a 50.00% success rate on recommended stocks.
In addition to Canaccord Genuity, IGO also received a Hold from UBS’s Levi Spry in a report issued on October 5. However, on October 8, Morgan Stanley maintained a Sell rating on IGO (Other OTC: IPGDF).
IPGDF market cap is currently $2.64B and has a P/E ratio of -4.15.
Read More on IPGDF:
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- IGO Limited Announces Board Changes with Resignation of Key Directors
- IGO Limited Announces Cessation of Securities
- IGO Limited Announces 2025 AGM Date and Director Nomination Deadline
- IGO Limited’s Earnings Call: Balancing Success and Challenges
- Ubique Asset Management Ceases Substantial Holding in IGO Limited