RBC Capital analyst Owen Birrell maintained a Hold rating on Sims (SMUPF – Research Report) yesterday and set a price target of A$12.50. The company’s shares closed last Friday at $6.98. Birrell ...
We retain our AUD 9.80 per share fair value estimate for no-moat Sims following the divestment of its European E-recycling business for EUR 84 million. On face value, the price tag appears ...
Sims’ strategy positions the company for growth in an increasingly circular economy, where waste of resources is being progressively minimised. The strategy will see the company retain metals ...
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