Boliden AB (publ) (OTCMKTS:BDNNY) Receives Consensus Rating of “Reduce” from Brokerages

Shares of Boliden AB (publ) (OTCMKTS:BDNNY) have been assigned a consensus recommendation of “Reduce” from the six analysts that are covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating and three have issued a hold rating on the company.

Several equities research analysts have recently issued reports on BDNNY shares. Berenberg Bank raised shares of Boliden AB (publ) to a “hold” rating in a research report on Monday, September 16th. Royal Bank of Canada downgraded Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a report on Thursday, December 5th. BNP Paribas downgraded Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a report on Friday, October 25th. Citigroup upgraded Boliden AB (publ) to a “hold” rating in a research note on Wednesday, October 9th. Finally, UBS Group upgraded shares of Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 7th.

Boliden AB (publ) Stock Performance

Shares of OTCMKTS BDNNY opened at $57.64 on Friday. The stock’s 50-day moving average is $58.74 and its two-hundred day moving average is $60.75. Boliden AB has a 1-year low of $49.82 and a 1-year high of $72.51.

Boliden AB (publ) (OTCMKTS:BDNNY) last released its earnings results on Tuesday, October 22nd. The company reported $1.60 earnings per share for the quarter. The firm had revenue of $2.13 billion for the quarter.

About Boliden AB (publ)

Boliden AB (publ) engages in the extracting, producing, and recycling of base metals in Sweden, Finland, other Nordic region, Germany, the United Kingdom, Europe, North America, and internationally. The company operates through two segments, Business Area Mines and Business Area Smelters. It explores for copper, zinc, nickel, lead, gold, silver, cobalt, sulphuric acid, tellurium, platinum, and palladium deposits.