Boart Longyear Stock Rating Reaffirmed by JPMorgan Chase & Co. (BLY)
Boart Longyear (ASX:BLY)‘s stock had its “underweight” rating reiterated by equities researchers at JPMorgan Chase & Co. in a research report issued on Thursday. They currently have a $0.13 target price on the stock.
Shares of Boart Longyear (ASX:BLY) remained flat at A$0.190 during during mid-day trading trading on Thursday. 2,423,554 shares of the company’s stock traded hands. Boart Longyear has a 1-year low of A$0.085 and a 1-year high of A$0.627. The stock’s 50-day moving average is A$0.17 and its 200-day moving average is A$0.26. The company’s market cap is A$86.8 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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