Sims Group (SGM) Stock Recommendation

Submitted by Craig Strzelecki on Mon, 07/08/2006 - 15:27.

Merrill Lynch have rated the Sims Group (SGM) stock as a Buy, Medium Risk. The broker still believes in the value of the company and retains the Buy recommendation, however, short term share price drivers have disappeared for the moment.

Sims Group Limited is listed on the Australian Stock Exchange (ASX) under stock code SGM. You can view their investor website here. The company is involved in global metal recycling and innovative recycling solutions. Find out the meaning of the recommendations in this primer. Check your charts!

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