First half results were slightly weaker than Morgan Stanley expected. Free cash flow generation was better.

Equal-weight. Target is $4.70. Industry view is In-Line.

Sector: Materials.

Target price is $4.70.Current Price is $4.41. Difference: $0.29 - (brackets indicate current price is over target). If RRL meets the Morgan Stanley target it will return approximately 6% (excluding dividends, fees and charges - negative figures indicate an expected loss).

© 2020 Acquisdata Pty Ltd., source FN Arena