Boliden AB (publ) (OTCMKTS:BDNNY) Stock Rating Lowered by Barclays

Boliden AB (publ) (OTCMKTS:BDNNY) was downgraded by stock analysts at Barclays from a “strong-buy” rating to a “strong sell” rating in a research report issued to clients and investors on Wednesday, Zacks.com reports.

Several other equities research analysts have also commented on the stock. Berenberg Bank raised shares of Boliden AB (publ) to a “hold” rating in a report on Monday, September 16th. UBS Group raised shares of Boliden AB (publ) to a “hold” rating in a report on Friday, September 13th. Finally, Citigroup raised shares of Boliden AB (publ) to a “hold” rating in a report on Wednesday, October 9th.

Boliden AB (publ) Price Performance

OTCMKTS BDNNY opened at $61.99 on Wednesday. The stock’s fifty day moving average price is $61.17 and its 200 day moving average price is $63.48. Boliden AB has a 1 year low of $48.66 and a 1 year high of $72.51.

Boliden AB (publ) (OTCMKTS:BDNNY) last released its earnings results on Friday, July 19th. The company reported $2.47 earnings per share (EPS) for the quarter. The firm had revenue of $2.13 billion during the quarter.

About Boliden AB (publ)

Boliden AB (publ) engages in the extracting, producing, and recycling of base metals in Sweden, Finland, other Nordic region, Germany, the United Kingdom, Europe, North America, and internationally. The company operates through two segments, Business Area Mines and Business Area Smelters. It explores for copper, zinc, nickel, lead, gold, silver, cobalt, sulphuric acid, tellurium, platinum, and palladium deposits.