---
title: "IGO (IPGDF) was downgraded to a Hold Rating at UBS"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296843463.md"
description: "UBS analyst Levi Spry downgraded IGO (IPGDF) to a Hold rating and set a price target of A$8.85. This move contrasts with the current market consensus, which remains a Moderate Buy with an average price target of A$7.80. Spry, who covers the Basic Materials sector including Rio Tinto and Genesis Minerals, has a strong historical performance record."
datetime: "2026-08-25T01:05:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296843463.md)
  - [en](https://longbridge.com/en/news/296843463.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296843463.md)
generator: "portal-rs"
---

# IGO (IPGDF) was downgraded to a Hold Rating at UBS

UBS analyst Levi Spry downgraded IGO to a Hold today and set a price target of A$8.85.

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Spry covers the Basic Materials sector, focusing on stocks such as Evolution Mining , Rio Tinto Limited, and Genesis Minerals Limited. According to TipRanks, Spry has an average return of 16.8% and a 71.84% success rate on recommended stocks. 

Currently, the analyst consensus on IGO is a Moderate Buy with an average price target of A$7.80.

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- [IGO.AU](https://longbridge.com/en/quote/IGO.AU.md)
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- [EVN.AU](https://longbridge.com/en/quote/EVN.AU.md)
- [RIO.AU](https://longbridge.com/en/quote/RIO.AU.md)
- [RIO.US](https://longbridge.com/en/quote/RIO.US.md)
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- [RIO.UK](https://longbridge.com/en/quote/RIO.UK.md)
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## Related News & Research

- [Is IGO (ASX:IGO) A Bargain After Its Profit Return And Dividend Update?](https://longbridge.com/en/news/297432058.md)
- [Canaccord Genuity Keeps Their Buy Rating on IGO (IPGDF)](https://longbridge.com/en/news/294428526.md)
- [Macquarie Keeps Their Hold Rating on Region Group (SCPAF)](https://longbridge.com/en/news/298185411.md)
- [UBS upgrades Northern Star Resources Ltd (NESRF) to a Buy](https://longbridge.com/en/news/298146500.md)
- [UBS Reaffirms Their Buy Rating on Pantoro Gold Limited (RKN)](https://longbridge.com/en/news/298111391.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**