At the AGM, Iluka Resources has noted there are no disruptions to operations so far. Guidance has been withdrawn, given the potential for the pandemic to affect demand. There is a high degree of certainty for rutile and synthetic rutile revenue streams because of take-or-pay offtake agreements, the broker points out. Morgan Stanley retains an Equal-weight rating and $10.05 target. Industry view: In Line. Sector: Materials. Target price is $10.05.Current Price is $7.62. Difference: $2.43 - (brackets indicate current price is over target). If ILU meets the Morgan Stanley target it will return approximately 24% (excluding dividends, fees and charges - negative figures indicate an expected loss). © 2020 Acquisdata Pty Ltd., source FN Arena
Morgan partners is to abandon European private equity firms and has released several senior members of the equity buyout division . The departing board includes managing director Jean - ben Jabre .