Boliden AB (publ) (OTCMKTS:BDNNY) Receives Consensus Recommendation of “Strong Sell” from Analysts

Shares of Boliden AB (publ) (OTCMKTS:BDNNY) have been given a consensus recommendation of “Strong Sell” by the five brokerages that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation and two have assigned a hold recommendation to the company.

A number of equities research analysts recently issued reports on BDNNY shares. UBS Group lowered Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 23rd. BNP Paribas downgraded shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a report on Friday, October 25th. Royal Bank of Canada downgraded shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 5th. Citigroup upgraded shares of Boliden AB (publ) to a “hold” rating in a research note on Wednesday, October 9th. Finally, Berenberg Bank raised Boliden AB (publ) to a “hold” rating in a research report on Monday, September 16th.

Boliden AB (publ) Stock Performance

BDNNY opened at $60.74 on Wednesday. The company has a fifty day simple moving average of $61.88 and a 200 day simple moving average of $62.32. Boliden AB has a 12 month low of $49.82 and a 12 month high of $72.51.

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