Informed Pulse

Macquarie Sticks to Their Buy Rating for IGO (IPGDF)


Macquarie Sticks to Their Buy Rating for IGO (IPGDF)

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Stein covers the Basic Materials sector, focusing on stocks such as BHP Group Ltd, Iluka Resources Limited, and Mineral Resources Limited. According to TipRanks, Stein has an average return of 4.5% and a 53.23% success rate on recommended stocks.

IGO has an analyst consensus of Hold, with a price target consensus of $3.37, which is a 22.55% upside from current levels. In a report released on February 17, Jarden also maintained a Buy rating on the stock with a A$5.52 price target.

IPGDF market cap is currently $2.25B and has a P/E ratio of -10.56.

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