---
title: "J.P. Morgan upgrades Deterra Royalties Ltd (DRR) to a Buy"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296509224.md"
description: "J.P. Morgan analyst Lyndon Fagan upgraded Deterra Royalties Ltd (DRR) to a Buy rating with an A$5.10 price target, citing the company's position in the Basic Materials sector. This contrasts with the current market consensus of Hold and an average price target of A$4.60. DRR shares closed at A$4.44. Fagan is recognized as a 5-star analyst with a strong track record."
datetime: "2026-08-20T14:45:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296509224.md)
  - [en](https://longbridge.com/en/news/296509224.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296509224.md)
generator: "portal-rs"
---

# J.P. Morgan upgrades Deterra Royalties Ltd (DRR) to a Buy

Deterra Royalties Ltd received a Buy rating and a A$5.10 price target from J.P. Morgan analyst Lyndon Fagan yesterday. The company’s shares closed today at A$4.44.

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According to TipRanks, Fagan is a 5-star analyst with an average return of 10.6% and a 63.71% success rate. Fagan covers the Basic Materials sector, focusing on stocks such as PLS Group, Rio Tinto Limited, and Deterra Royalties Ltd.

The word on The Street in general, suggests a Hold analyst consensus rating for Deterra Royalties Ltd with a A$4.60 average price target.

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## Related News & Research

- [UBS Reaffirms Their Hold Rating on Deterra Royalties Ltd (DRR)](https://longbridge.com/en/news/296302077.md)
- [Morgan Stanley Remains a Sell on Deterra Royalties Ltd (DRR)](https://longbridge.com/en/news/295034271.md)
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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**