JPMorgan Chase & Co. Cuts Boliden AB (publ) (OTCMKTS:BOLIF) Price Target to SEK 385

Boliden AB (publ) (OTCMKTS:BOLIF – Get Rating) had its price target cut by JPMorgan Chase & Co. from SEK 425 to SEK 385 in a research report released on Friday, The Fly reports.

BOLIF has been the subject of several other research reports. Sanford C. Bernstein started coverage on Boliden AB (publ) in a report on Monday, January 10th. They set a market perform rating for the company. Deutsche Bank Aktiengesellschaft upped their target price on Boliden AB (publ) from SEK 390 to SEK 400 in a research note on Tuesday, April 5th. Finally, SEB Equities lowered Boliden AB (publ) from a buy rating to a hold rating and set a SEK 390 target price for the company. in a research note on Friday, February 4th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of Hold and an average target price of $376.50.

Shares of OTCMKTS BOLIF opened at $44.20 on Friday. Boliden AB has a 12 month low of $31.78 and a 12 month high of $46.10. The business has a 50-day moving average of $44.09 and a 200-day moving average of $39.52.

About Boliden AB (publ) (Get Rating)

Boliden AB (publ) engages in the exploring, extracting, and processing of base metals and precious metals in Sweden, other Nordic region, Germany, the United Kingdom, the rest of Europe, North America, and internationally. The company operates through two segments, Business Area Mines and Business Area Smelters.

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