---
title: "Macquarie Remains a Buy on West African Resources Ltd (WFRSF)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281261204.md"
description: "Macquarie analyst Adam Baker has maintained a Buy rating on West African Resources Ltd (WFRSF) with a price target of A$4.50. Baker, who focuses on the Basic Materials sector, has an average return of 9.4% and a 55.21% success rate on his stock recommendations. Additionally, West African Resources Ltd received a Buy rating from TipRanks, while another report reiterated a Hold rating."
datetime: "2026-03-31T22:37:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281261204.md)
  - [en](https://longbridge.com/en/news/281261204.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281261204.md)
generator: "portal-rs"
---

# Macquarie Remains a Buy on West African Resources Ltd (WFRSF)

Macquarie analyst Adam Baker maintained a Buy rating on West African Resources Ltd today and set a price target of A$4.50.

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Baker covers the Basic Materials sector, focusing on stocks such as Nickel Mines Ltd., Perseus Mining , and Greatland Resources. According to TipRanks, Baker has an average return of 9.4% and a 55.21% success rate on recommended stocks. 

In addition to Macquarie, West African Resources Ltd also received a Buy from TipRanks – xAI’s xAi Gold in a report issued on March 20. However, on March 18, TipRanks – Anthropic reiterated a Hold rating on West African Resources Ltd (Other OTC: WFRSF).

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**