Boliden AB (publ) (OTCMKTS:BDNNY) Rating Increased to Strong Sell at The Goldman Sachs Group

Boliden AB (publ) (OTCMKTS:BDNNY) was upgraded by equities researchers at The Goldman Sachs Group to a “strong sell” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Several other equities analysts also recently weighed in on the stock. Royal Bank Of Canada downgraded shares of Boliden AB (publ) from a “moderate buy” rating to a “hold” rating in a report on Friday, March 20th. Zacks Research upgraded shares of Boliden AB (publ) to a “hold” rating in a research report on Wednesday, April 22nd. Finally, Barclays upgraded shares of Boliden AB (publ) from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 28th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Boliden AB (publ) currently has a consensus rating of “Moderate Buy”.

Boliden AB (publ) Stock Down 4.1%

Shares of OTCMKTS:BDNNY opened at $104.74 on Tuesday. Boliden AB has a 1-year low of $58.15 and a 1-year high of $160.93. The firm’s 50 day simple moving average is $114.69 and its two-hundred day simple moving average is $120.86.

Boliden AB (publ) Company Profile

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.