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

Shares of Boliden AB (publ) (OTCMKTS:BDNNY) have earned a consensus recommendation of “Strong Sell” from the six brokerages that are presently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a sell recommendation and two have given a hold recommendation to the company.

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

Boliden AB (publ) Stock Performance

Shares of OTCMKTS BDNNY opened at $57.96 on Friday. Boliden AB has a one year low of $49.82 and a one year high of $72.51. The business has a 50-day moving average price of $58.85 and a two-hundred day moving average price of $60.85.

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