Volvo AB (OTCMKTS:VOLVY) was downgraded by analysts at Goldman Sachs Group Inc. from a “neutral” rating to a “sell” rating in a report released on Tuesday.

VOLVY has been the subject of several other reports. Jefferies Group downgraded Volvo AB from a “buy” rating to a “hold” rating in a report on Tuesday, July 26th. Piper Jaffray Cos. downgraded Volvo AB from a “neutral” rating to an “underweight” rating in a report on Friday, November 4th. Four investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. Volvo AB has an average rating of “Hold”.

Analyst Recommendations for Volvo AB (OTCMKTS:VOLVY)

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Volvo AB Company Profile

Volvo AB is the parent company of the Volvo Group. The Volvo Group is a manufacturer of trucks, buses, construction equipment, and marine and industrial engines. The Volvo Group also provides solutions for financing and service. It operates through six segments: Trucks, Construction Equipment, Buses, Volvo Penta, Governmental Sales and Customer Finance.

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