Deutsche Bank has a "buy" on Sims Group and a target price of $8.28 a share.
"We have updated our forecasts in line with DB's quarterly commodities review.
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Elise Shaw writes on Markets specialising in Equity Markets, Commodities, Mining. Based in our Sydney newsroom, Elise has over 25 years experience as a finance and markets journalist and editor. Connect with Elise on Twitter.