Boliden AB (publ) (OTCMKTS:BDNNY) Given Consensus Rating of “Strong Sell” by Brokerages

Boliden AB (publ) (OTCMKTS:BDNNY) has received a consensus rating of “Strong Sell” from the six ratings firms that are currently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation and two have given a hold recommendation to the company.

A number of equities analysts have recently commented on BDNNY shares. Citigroup upgraded Boliden AB (publ) to a “hold” rating in a report on Wednesday, October 9th. BNP Paribas cut shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Friday, October 25th. Berenberg Bank upgraded shares of Boliden AB (publ) to a “hold” rating in a report on Monday, September 16th. UBS Group cut shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 23rd. Finally, Barclays lowered shares of Boliden AB (publ) from a “strong-buy” rating to a “strong sell” rating in a research report on Wednesday, October 16th.

Boliden AB (publ) Price Performance

Shares of OTCMKTS:BDNNY opened at $58.71 on Wednesday. The firm has a fifty day simple moving average of $61.20 and a two-hundred day simple moving average of $61.99. Boliden AB has a 52 week low of $49.82 and a 52 week high of $72.51.

Boliden AB (publ) (OTCMKTS:BDNNY) last announced its quarterly earnings results on Tuesday, October 22nd. The company reported $1.60 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.