Boliden AB (publ) (OTCMKTS:BDNNY) Receives Average Rating of “Hold” from Brokerages

Boliden AB (publ) (OTCMKTS:BDNNY) has earned an average rating of “Hold” from the eleven brokerages that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and one has assigned a buy recommendation to the company.

Several research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Boliden AB (publ) from a “sell” rating to a “hold” rating in a report on Wednesday, May 26th. Exane BNP Paribas raised shares of Boliden AB (publ) from an “underperform” rating to a “neutral” rating in a research report on Friday, June 4th. Barclays reissued an “equal weight” rating on shares of Boliden AB (publ) in a research report on Monday, July 5th. They noted that the move was a valuation call. Morgan Stanley reissued an “equal weight” rating on shares of Boliden AB (publ) in a research report on Tuesday, June 22nd. Finally, BNP Paribas raised shares of Boliden AB (publ) from an “underperform” rating to a “neutral” rating in a research report on Friday, June 4th.

Boliden AB (publ) stock traded down $4.01 during midday trading on Thursday, hitting $65.55. 629 shares of the company’s stock were exchanged, compared to its average volume of 689. Boliden AB has a 12 month low of $54.14 and a 12 month high of $95.00. The firm has a 50-day moving average of $74.21 and a two-hundred day moving average of $77.88.

Boliden AB (publ) (OTCMKTS:BDNNY) last issued its earnings results on Wednesday, July 21st. The company reported $1.90 earnings per share (EPS) for the quarter. The business had revenue of $2.13 billion for the quarter.

Boliden AB (publ) Company Profile

Boliden AB engages in the operation of mines and production of metals. It operates through the following segments: Business Area Smelters and Business Area Mines. The Business Area Smelters segment produces pure metals. It consists of the Kokkola and Odda zinc smelters in Finland and Norway, respectively, the Rönnskär and Harjavalta copper smelters in Sweden and Finland, respectively, and the Bergsöe lead smelter in Sweden.

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Analyst Recommendations for Boliden AB (publ) (OTCMKTS:BDNNY)

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