Boliden AB (publ) (OTCMKTS:BDNNY) Stock Now Rated “Hold” by Wall Street Brokerages

Shares of Boliden AB (publ) (OTCMKTS:BDNNY) have been assigned an average recommendation of “Hold” from the six brokerages that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has assigned a strong buy recommendation to the company.

A number of analysts recently commented on BDNNY shares. Berenberg Bank lowered Boliden AB (publ) from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Zacks Research raised Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research report on Wednesday.

Boliden AB (publ) Stock Performance

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

Boliden AB (publ) Company Profile

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.