Boliden Stock - Berenberg lifts target after reassessing Garpenberg mine

Berenberg has turned more constructive on Boliden after a detailed reassessment of the Garpenberg mine, nudging up its estimates and price target. The shift comes against a backdrop of firmer metals prices and a solid sector performance this week.

Edited by ad hoc news Sector & Peer-Group Desk. Verified prior to publication on 06/19/2026, 18:52 CET. Details in the imprint.

Boliden (SE0020050417) is drawing fresh analyst attention after Berenberg raised its price target and estimates. The move follows a more constructive assessment of the Garpenberg mine and comes amid a firm week for European mining stocks, according to a Berenberg-linked report.

What Berenberg has changed

According to a Marketscreener summary of a new Berenberg note, the bank has raised its price target on Boliden and nudged up earnings estimates after revisiting assumptions for the Garpenberg zinc and silver mine in Sweden.

Berenberg cites a "more constructive" view on Garpenberg, indicating improved confidence in the mine's outlook for ore grades, volumes and costs versus earlier, more cautious assumptions.

How Boliden compares this week

Against a backdrop of firmer base-metals prices, European mining names have generally traded with a constructive tone this week, and Boliden shares have participated in that sector strength, according to regional quote overviews.

Net-net, the Berenberg adjustment reinforces a trend of cautiously improving sentiment toward diversified Nordic miners after a softer period marked by lower zinc prices and operational headwinds in prior quarters.

How the company makes money

Boliden generates most of its revenue from mining and smelting base and precious metals, with zinc and copper as core pillars alongside smaller contributions from gold, silver and lead.

Where the stock trades today

The shares of Boliden (SE0020050417) trade on Nasdaq Stockholm at SEK 569.00 as of 06/19/2026, 16:30 CET.

Key facts on Boliden stock

• Company: Boliden AB (publ)
• ISIN: SE0020050417
• WKN: A3GS29
• Ticker: BOL
• Venue: Nasdaq Stockholm
• Price (as of 06/19/2026, 16:30 CET): 569.00 SEK
• Market cap: 155,000,000,000 SEK (as of 06/19/2026)
• Sector / Industry: Materials / Metals & Mining
• Index membership: OMX Stockholm 30
• Next earnings date: 07/19/2026

This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.