Jefferies raised the firm’s price target on Sandfire Resources (SFRRF) to A$18 from A$17.50 and keeps a Hold rating on the shares after making a mid-quarter update to the firm’s commodity price deck. The firm adjusted its longer term commodity price forecasts for copper, aluminum, PLV met coal, benchmark Newcastle thermal coal and gold and adjusted targets among its Australia metals and mining coverage accordingly.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SFRRF:
- Macquarie Group Ceases to Be Substantial Holder in Sandfire Resources
- Sandfire Seals Kalkaroo Copper-Gold Deal with Havilah and Commits A$30m to SA Exploration
- Sandfire Sets Date for December 2025 Half-Year Results and Investor Briefing
- Dimensional Entities Drops Below Substantial Holding Threshold in Sandfire Resources
- Sandfire Holds FY26 Guidance as Production Shifts to Second Half and Balance Sheet Turns to Net Cash