Boliden AB (publ) (OTCMKTS:BDNNY) Stock Rated “Hold” by Sell-Side Brokerages

Shares of Boliden AB (publ) (OTCMKTS:BDNNY) have been assigned a consensus recommendation of “Hold” from the six analysts that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a strong buy recommendation on the company.

Several brokerages have weighed in on BDNNY. Berenberg Bank cut Boliden AB (publ) from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. Zacks Research raised shares of Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a report on Wednesday.

Boliden AB (publ) Stock Down 0.3%

Shares of OTCMKTS:BDNNY opened at $101.45 on Friday. The business’s 50 day moving average is $106.71 and its 200 day moving average is $116.86. Boliden AB has a 12-month low of $84.54 and a 12-month high of $160.93.

About Boliden AB (publ)

Boliden AB (publ) is a Swedish mining and metals company engaged in the exploration, extraction, processing and recycling of base and precious metals. Its principal products include zinc, copper, lead, nickel, gold and silver, along with other metals recovered as byproducts.

Founded in 1924 following the discovery of a gold deposit near Boliden in northern Sweden, the company has developed an integrated business spanning mines, concentrators, smelters and recycling facilities. Its mining operations produce ore and concentrates, while its smelters process both mined materials and secondary raw materials into refined metals and metal products.

Boliden serves industrial customers and metal markets internationally, with operations and facilities primarily located in Sweden, Finland, Norway and Ireland.