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

Boliden AB (publ) (OTCMKTS:BDNNY) has received a consensus rating of “Reduce” from the six research firms that are covering the stock, MarketBeat reports. Three analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company.

Several brokerages have issued reports on BDNNY. Citigroup raised shares of Boliden AB (publ) to a “hold” rating in a research note on Wednesday, October 9th. Royal Bank of Canada lowered shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 5th. BNP Paribas lowered Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a report on Friday, October 25th. Barclays cut Boliden AB (publ) from a “strong-buy” rating to a “strong sell” rating in a research report on Wednesday, October 16th. Finally, Berenberg Bank upgraded Boliden AB (publ) to a “hold” rating in a research note on Monday, September 16th.

Boliden AB (publ) Trading Down 0.6 %

Shares of BDNNY opened at $57.64 on Friday. Boliden AB has a fifty-two week low of $49.82 and a fifty-two week high of $72.51. The firm has a 50-day simple moving average of $58.74 and a 200-day simple moving average of $60.75.

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

Boliden AB (publ) Company Profile

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.