Boliden AB (publ) (OTCMKTS:BDNNY) Cut to “Strong Sell” at Zacks Research

Boliden AB (publ) (OTCMKTS:BDNNY) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Monday, Zacks reports.

Separately, Berenberg Bank cut shares of Boliden AB (publ) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Boliden AB (publ) presently has an average rating of “Hold”.

Boliden AB (publ) Stock Up 3.0%

BDNNY stock opened at $102.20 on Monday. Boliden AB has a 12 month low of $84.54 and a 12 month high of $160.93. The firm’s 50-day moving average is $109.06 and its 200 day moving average is $117.79.

About Boliden AB (publ)

Boliden AB (publ) is a Sweden-based metals and mining company engaged in the exploration, mining, smelting and recycling of base and precious metals. Its principal products include zinc, copper, lead, nickel, gold and silver, which are supplied to industrial customers and metal markets, primarily in Europe.

The company operates mines and metallurgical facilities in the Nordic region and has historically maintained mining operations in Sweden, Finland, Ireland and other parts of Europe.