Boart Longyear’s “Underweight” Rating Reaffirmed at JPMorgan Chase & Co. (BLY)
Boart Longyear (ASX:BLY)‘s stock had its “underweight” rating reiterated by stock analysts at JPMorgan Chase & Co. in a report issued on Wednesday. They currently have a $0.13 target price on the stock.
Boart Longyear (ASX:BLY) traded down 2.70% on Wednesday, hitting A$0.180. 1,371,548 shares of the company’s stock traded hands. Boart Longyear has a 52 week low of A$0.085 and a 52 week high of A$0.627. The stock’s 50-day moving average is A$0.17 and its 200-day moving average is A$0.27. The company’s market cap is A$82.3 million.
Boart Longyear Limited is an integrated provider of drilling services, capital equipment and consumable products for customers in mining and minerals exploration, environmental and infrastructure, and energy industries.
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