GMK Noril’skiy nikel’ PAO (GDR) (OTCMKTS:NILSY) Upgraded to “Overweight” at JPMorgan Chase & Co.

GMK Noril’skiy nikel’ PAO (GDR) (OTCMKTS:NILSY) was upgraded by equities research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued to investors on Thursday, The Fly reports.

Separately, BNP Paribas upgraded shares of GMK Noril’skiy nikel’ PAO (GDR) from a “neutral” rating to an “outperform” rating and set a $31.00 price objective on the stock in a report on Thursday, September 5th.

NILSY opened at $24.40 on Thursday. The company has a debt-to-equity ratio of 2.37, a quick ratio of 0.96 and a current ratio of 1.93. The company’s fifty day moving average price is $23.22 and its two-hundred day moving average price is $22.31. GMK Noril’skiy nikel’ PAO has a 1-year low of $15.95 and a 1-year high of $25.16.

About GMK Noril’skiy nikel’ PAO (GDR)

Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel, together with its subsidiaries, operates as a metals and mining company in Europe, Asia, North and South America, Russia, and the CIS countries. The company operates through GMK Group, KGMK Group, NN Harjavalta, GRK Bystrinskoye, Other Metallurgical, and Other Non-Metallurgical segments.

Further Reading: What does an equal weight rating mean?

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