Boliden AB (publ) (OTCMKTS:BDNNY) Downgraded by Bank of America to “Neutral”

Boliden AB (publ) (OTCMKTS:BDNNY) was downgraded by investment analysts at Bank of America from a “buy” rating to a “neutral” rating in a research report issued on Wednesday, The Fly reports.

Several other research analysts also recently commented on the stock. Exane BNP Paribas upgraded shares of Boliden AB (publ) from an “underperform” rating to a “neutral” rating in a research report on Friday, June 4th. Barclays reaffirmed an “equal weight” rating on shares of Boliden AB (publ) in a research note on Monday, July 5th. They noted that the move was a valuation call. Morgan Stanley reaffirmed an “equal weight” rating on shares of Boliden AB (publ) in a research note on Tuesday, June 22nd. BNP Paribas raised shares of Boliden AB (publ) from an “underperform” rating to a “neutral” rating in a research note on Friday, June 4th. Finally, DNB Markets raised shares of Boliden AB (publ) from a “hold” rating to a “buy” rating in a research note on Friday, June 4th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Shares of BDNNY stock opened at $64.46 on Wednesday. The firm has a 50 day moving average price of $73.17 and a two-hundred day moving average price of $77.44. Boliden AB has a 12-month low of $54.14 and a 12-month high of $95.00.

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