Strong Aussie economy hampering Iluka: GSJBW

ANALYSTS at Goldman Sachs JBWere have downgraded its long-term assessment of Iluka Resources, with the bearish market outlook and strengthening Australian dollar lowering earnings estimates.

Strong Aussie economy hampering Iluka: GSJBW Strong Aussie economy hampering Iluka: GSJBW Strong Aussie economy hampering Iluka: GSJBW Strong Aussie economy hampering Iluka: GSJBW Strong Aussie economy hampering Iluka: GSJBW

The broker changed its recommendation for the company from Hold to Sell, citing negative impact to earnings from the strengthening Australia dollar “at a time when Iluka is not in a position to

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