Boliden AB (publ) (OTCMKTS:BDNNY) Downgraded by Kepler Capital Markets to Hold

Kepler Capital Markets lowered shares of Boliden AB (publ) (OTCMKTS:BDNNY) from a strong-buy rating to a hold rating in a report issued on Wednesday morning,Zacks.com reports.

Several other research firms also recently weighed in on BDNNY. Barclays raised shares of Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a report on Thursday, January 8th. Royal Bank Of Canada upgraded shares of Boliden AB (publ) from a “hold” rating to a “moderate buy” rating in a research report on Friday, November 7th. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Boliden AB (publ) currently has a consensus rating of “Moderate Buy”.

Boliden AB (publ) Price Performance

Shares of BDNNY stock opened at $139.86 on Wednesday. Boliden AB has a 12-month low of $53.00 and a 12-month high of $155.13. The business has a 50 day simple moving average of $113.96 and a 200 day simple moving average of $89.51.

About Boliden AB (publ)

Boliden AB (publ) is a Swedish-based integrated metals company that specializes in the exploration, mining, smelting and recycling of base and precious metals. With a focus on sustainability and efficiency, the company produces zinc, copper, nickel, lead, gold and silver concentrates, as well as refined metals and by-products such as sulphuric acid. Boliden operates through a network of hard-rock mines, metal smelters and recycling facilities.

The group’s mining portfolio includes the Aitik copper–gold mine and the Garpenberg zinc–silver–lead mine in Sweden, the Kevitsa nickel–copper–palladium mine in Finland, and the Tara zinc mine in Ireland, among others.