Morgan Stanley rates RRL as Equal-weight

Published: 2025-05-04 22:30:06 ET MS

Published on 05/04/2025 at 22:30

Morgan Stanley sees limited catalyst for the stock, given the McPhillamys gold project is already abandoned.

Good free cash flow is expected in FY25 but this is already priced in

Equal-weight. Target price $4.10.

Sector: Materials.

Target price is $4.10.Current Price is $4.42. Difference: ($0.32) - (brackets indicate current price is over target). If RRL meets the Morgan Stanley target it will return approximately -8% (excluding dividends, fees and charges - negative figures indicate an expected loss).

© 2025 Acquisdata Pty Ltd., source FN Arena