Boliden AB (publ) (OTCMKTS:BDNNY) Price Target Lowered to SEK 310 at JPMorgan Chase & Co.

Boliden AB (publ) (OTCMKTS:BDNNY) had its price target trimmed by JPMorgan Chase & Co. from SEK 315 to SEK 310 in a report issued on Friday morning, The Fly reports.

Several other equities analysts have also recently commented on BDNNY. Deutsche Bank Aktiengesellschaft cut shares of Boliden AB (publ) from a hold rating to a sell rating in a research note on Tuesday. Sanford C. Bernstein began coverage on shares of Boliden AB (publ) in a research report on Tuesday. They set a market perform rating for the company. Bank of America cut shares of Boliden AB (publ) from a buy rating to a neutral rating in a research report on Wednesday, September 22nd. Morgan Stanley reissued an equal weight rating on shares of Boliden AB (publ) in a report on Thursday, October 28th. Finally, Barclays reissued an equal weight rating on shares of Boliden AB (publ) in a report on Friday, October 8th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company’s stock. According to, the stock currently has an average rating of Hold and a consensus price target of $310.00.

OTCMKTS BDNNY opened at $79.13 on Friday. Boliden AB has a 12 month low of $61.51 and a 12 month high of $95.00. The company’s 50 day simple moving average is $73.55 and its 200 day simple moving average is $72.53.

Boliden AB (publ) (OTCMKTS:BDNNY) last released its quarterly earnings data on Friday, October 22nd. The company reported $1.52 earnings per share for the quarter. The company had revenue of $1.84 billion during the quarter.

Boliden AB (publ) Company Profile

Boliden AB engages in the operation of mines and production of metals. It operates through the following segments: Business Area Smelters and Business Area Mines. The Business Area Smelters segment produces pure metals. It consists of the Kokkola and Odda zinc smelters in Finland and Norway, respectively, the Rönnskär and Harjavalta copper smelters in Sweden and Finland, respectively, and the Bergsöe lead smelter in Sweden.

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