Boliden AB (publ) (OTCMKTS:BDNNY) Upgraded by Citigroup to “Neutral”

Citigroup upgraded shares of Boliden AB (publ) (OTCMKTS:BDNNY) from a sell rating to a neutral rating in a research report report published on Wednesday, FlyOnTheWall reports.

A number of other research firms have also recently issued reports on BDNNY. Barclays raised Boliden AB (publ) from an equal weight rating to an overweight rating in a research report on Monday, July 10th. Morgan Stanley upgraded Boliden AB (publ) from an underweight rating to an equal weight rating in a report on Wednesday, June 21st. Sanford C. Bernstein upgraded Boliden AB (publ) from a market perform rating to an outperform rating in a report on Tuesday, July 4th. Deutsche Bank Aktiengesellschaft upgraded Boliden AB (publ) from a hold rating to a buy rating in a report on Tuesday, September 5th. Finally, Berenberg Bank lowered Boliden AB (publ) from a buy rating to a hold rating in a report on Friday, May 19th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Boliden AB (publ) currently has an average rating of Hold and a consensus target price of $368.75.

Boliden AB (publ) Price Performance

BDNNY opened at $53.11 on Wednesday. Boliden AB has a 1 year low of $51.15 and a 1 year high of $92.60. The stock has a fifty day moving average price of $56.11 and a 200 day moving average price of $65.46.

Boliden AB (publ) (OTCMKTS:BDNNY) last released its quarterly earnings data on Thursday, July 20th. The company reported $0.36 earnings per share (EPS) for the quarter. The firm had revenue of $1.75 billion for the quarter.

Boliden AB (publ) Company Profile

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.