Boliden Shares Fall as Banks Cut Targets
Analysts from BNP Paribas, Goldman Sachs, JPMorgan and Barclays have issued fresh Boliden price targets, each accompanying a revised rating view. BNP Paribas lowered the target to 500 kronor with a neutral stance, while Goldman Sachs cut to 448 kronor and reiterated a sell rating. JPMorgan trimmed the target to 630 kronor and reiterated a neutral rating, and Barclays reduced the target to 690 kronor while maintaining an overweight stance. Across these notes, the reports describe a composite rating framework based on Returns, Profitability, Quality of Financial Reporting, and Financial Health, requiring Boliden to be covered by at least two ratings for the calculation. The four banks apply the same composite-rating methodology as a backdrop to their price-target adjustments. Taken together, the coverage signals a broad reassessment of Boliden with each firm adjusting its valuation and reaffirming its respective rating stance.
Ask this story anything
How it spread
