Boliden AB (publ) (OTCMKTS:BDNNY) Lowered to Hold Rating by Berenberg Bank

Berenberg Bank cut shares of Boliden AB (publ) (OTCMKTS:BDNNY) from a strong-buy rating to a hold rating in a research report report published on Wednesday morning,Zacks.com reports.

BDNNY has been the topic of several other research reports. Barclays raised Boliden AB (publ) from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 28th. Zacks Research raised Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Finally, The Goldman Sachs Group upgraded Boliden AB (publ) to a “strong sell” rating in a report on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Boliden AB (publ) currently has a consensus rating of “Hold”.

Boliden AB (publ) Trading Up 0.7%

BDNNY opened at $98.47 on Wednesday. The firm’s fifty day moving average is $112.21 and its two-hundred day moving average is $122.36. Boliden AB has a twelve month low of $61.13 and a twelve month high of $160.93.

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.