Volvo AB (VOLV-B) Given a SEK 155 Price Target by UBS AG Analysts
Volvo AB (STO:VOLV-B) has been given a SEK 155 price target by UBS AG in a report released on Tuesday. The firm presently has a “neutral” rating on the stock.
Several other brokerages have also recently issued reports on VOLV-B. Citigroup Inc. set a SEK 186 price objective on Volvo AB and gave the stock a “buy” rating in a research note on Friday, September 1st. J P Morgan Chase & Co set a SEK 155 price objective on Volvo AB and gave the stock a “neutral” rating in a research note on Thursday, July 20th. Finally, Goldman Sachs Group, Inc. (The) set a SEK 149 price objective on Volvo AB and gave the stock a “neutral” rating in a research note on Monday, July 17th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of SEK 132.
Volvo AB Company Profile
AB Volvo is the parent company of the Volvo Group. The Volvo Group is a manufacturer of trucks, buses, construction equipment, diesel engines, and marine and industrial engines. The Volvo Group also provides solutions for financing and service. Its segments include Trucks, Construction Equipment, Buses, Volvo Penta, Group functions & Other, and Financial Services.
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