# Morgan Stanley analyst Rahul Anand maintained a Sell rating on Sandfire Resources Limited today.

*business · news · 2026-04-10 · Markets Insider*

## Key points

- Morgan Stanley's Rahul Anand maintained a Sell rating on Sandfire Resources Limited.
- Anand set a price target of A$16.20 for Sandfire Resources Limited.
- The analyst consensus for Sandfire Resources is Moderate Buy with an average target of A$18.84.
- Sandfire Resources' latest quarterly net profit rose to A$98.84 million from A$35.78 million last year.

**Companies:** Sandfire Resources Limited, South32, Rio Tinto Limited
**Countries:** Australia

[Read the full story on Markets Insider](https://markets.businessinsider.com/news/stocks/morgan-stanley-reaffirms-their-sell-rating-on-sandfire-resources-limited-sfrrf-1036009968)

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