{
}
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Boliden's shares rose 2.5% after UBS upgraded its recommendation from sell to neutral, increasing the target price from SEK 300 to 310. The reassessment follows Boliden's acquisition of Lundin Mining's European mines, which UBS views as strategically beneficial and likely to enhance earnings through synergies. The transaction is expected to close in mid-2025.
Boliden shares rose over 3% after UBS upgraded the stock to a 'neutral' rating, citing a favorable outlook following the acquisition of Neves Corvo and Zinkgruvan. While the deal is expected to enhance earnings, challenges such as declining mined grades and a tough smelting outlook persist. UBS raised its price target to SEK310 per share, indicating a more balanced risk-reward profile despite ongoing hurdles.
Boliden shares rose over 3% after UBS upgraded the stock to a 'neutral' rating, citing a favorable outlook following the acquisition of Neves Corvo and Zinkgruvan. While the deal is expected to enhance earnings, challenges such as declining mined grades and a tough smelting outlook persist. UBS raised its price target to SEK310 per share, indicating a more balanced risk-reward profile despite ongoing hurdles.
UBS has upgraded Boliden AB's stock rating from Sell to Neutral, raising the price target to SEK310. Despite challenges like lower mined grades and potential equity issuance in 2025, the analyst highlights the positive impact of recent acquisitions and anticipated improvements in mining grades and smelter earnings. The assessment suggests a more balanced risk-reward scenario for Boliden moving forward.
Boliden AB
Companies
13:35 07.01.2025
12:03 07.01.2025
12:02 07.01.2025
09:43 07.01.2025
Trending
Subcategory:
Cryptocurrency Markets
Stock Market Updates
Cryptocurrency Trends
Central Bank Actions
Cryptocurrency & Blockchain Regulations
Market Sentiment Analysis
Employment Reports
Banking & Investment Regulations
Banking Regulations
Corporate Responsibility & ESG
Anti-Money Laundering (AML) Regulations
Decentralized Finance (DeFi) Innovations
Inflation Rates & CPI Data
Tokenomics and Crypto Economics
Blockchain Technology Adoption
Hedge Funds & Private Equity
Cryptocurrency Regulations
Market Analysis and Predictions
Cryptocurrency Developments
Emerging Startups
Countries:
Companies:
Currencies:
People:
Apple Inc.
Coinbase Global, Inc.
Solana USD
NVIDIA Corporation
Ethereum USD
Ripple USD USD
Tesla, Inc.
BlackRock, Inc.
Chainlink USD
Bitwise Bitcoin ETF
MicroStrategy Inc
Fidelity Contrafund
UBS Group AG
Kraken Energy Corp.
Ripples USD
Microsoft Corporation
Delta Air Lines, Inc.
Bank of America Corporation
Bitcoin USD
VanEck Vietnam ETF
United States Dollar
Euro
Swiss Franc
British Pound Sterling
Japanese Yen
Indian Rupee
Canadian Dollar
Swedish Krona
Chinese Yuan
Singapore Dollar
South Korean Won
New Taiwan Dollar
Armenian Dram
Thai Baht
Philippine Peso
Russian Ruble
Vietnamese Đồng
New Zealand Dollar
Australian Dollar
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.