In a report released today, Robert Stein from Macquarie maintained a Buy rating on IGO, with a price target of A$5.75. The company’s shares closed last Thursday at $3.43.
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According to TipRanks, Stein is a 4-star analyst with an average return of 6.3% and a 56.07% success rate. Stein covers the Basic Materials sector, focusing on stocks such as Rio Tinto Limited, Liontown Resources Limited, and Mineral Resources Limited.
In addition to Macquarie, IGO also received a Buy from RBC Capital’s Kaan Peker in a report issued on October 8. However, yesterday, Canaccord Genuity maintained a Hold rating on IGO (Other OTC: IPGDF).
IPGDF market cap is currently $2.58B and has a P/E ratio of -4.15.
Read More on IPGDF:
Disclaimer & DisclosureReport an Issue
- 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
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