UBS AG set a SEK 155 target price on Volvo AB (STO:VOLV-B) in a research note issued to investors on Monday morning. The brokerage currently has a neutral rating on the stock.

Several other equities analysts have also weighed in on VOLV-B. Goldman Sachs Group, Inc. (The) set a SEK 149 target price on Volvo AB and gave the company a neutral rating in a research note on Monday, July 10th. J P Morgan Chase & Co set a SEK 155 target price on Volvo AB and gave the company a neutral rating in a research note on Thursday, July 20th. Citigroup Inc. set a SEK 186 target price on Volvo AB and gave the company a buy rating in a research note on Friday, September 1st. Morgan Stanley set a SEK 120 target price on Volvo AB and gave the company a sell rating in a research note on Monday, October 9th. Finally, HSBC Holdings plc set a SEK 180 target price on Volvo AB and gave the company a buy rating in a research note on Thursday, October 19th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of SEK 164.14.

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About Volvo AB

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.

Analyst Recommendations for Volvo AB (STO:VOLV-B)

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