RBC Capital analyst Owen Birrell upgraded Sims Ltd. to Sector Perform from Underperform with a price target of A$12.50, up from A$10.75. The company is delivering major value through divestment of underperforming assets, the analyst tells investors in a research note.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SMSMY:
