Morgan Stanley analyst Rahul Anand maintained a Buy rating on Whitehaven Coal Limited (WHITF – Research Report) today and set a price target of A$9.10. The company’s shares closed yesterday at $3.73.

According to TipRanks, Anand is a 4-star analyst with an average return of 7.7% and a 52.51% success rate. Anand covers the Basic Materials sector, focusing on stocks such as Rio Tinto Limited, Northern Star Resources Ltd, and BHP Group Ltd.

Currently, the analyst consensus on Whitehaven Coal Limited is a Strong Buy with an average price target of $5.48, which is a 47.11% upside from current levels. In a report released on January 30, Morgans also maintained a Buy rating on the stock with a A$9.50 price target.

WHITF market cap is currently $3.11B and has a P/E ratio of 12.90.