Volvo (STO:VOLV-B) has been assigned a SEK 189 target price by analysts at Goldman Sachs Group in a report issued on Friday. The brokerage presently has a “neutral” rating on the stock. Goldman Sachs Group’s price objective points to a potential upside of 20.38% from the stock’s previous close.

Several other research analysts have also commented on the stock. J P Morgan Chase & Co set a SEK 155 price target on shares of Volvo and gave the company a “neutral” rating in a report on Thursday, October 26th. Citigroup set a SEK 200 price target on shares of Volvo and gave the company a “buy” rating in a report on Monday, October 23rd. UBS set a SEK 155 price target on shares of Volvo and gave the company a “neutral” rating in a report on Monday, October 23rd. S&P Global set a SEK 190 price target on shares of Volvo and gave the company a “buy” rating in a report on Friday, October 20th. Finally, set a SEK 180 price target on shares of Volvo and gave the company a “buy” rating in a report on Thursday, October 19th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. Volvo presently has a consensus rating of “Hold” and an average price target of SEK 169.86.

Volvo (VOLV-B) opened at SEK 157 on Friday. Volvo has a fifty-two week low of SEK 105 and a fifty-two week high of SEK 171.30.

WARNING: This report was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this report on another website, it was stolen and reposted in violation of United States and international copyright & trademark law. The original version of this report can be viewed at https://www.thecerbatgem.com/2017/12/10/volvo-volv-b-pt-set-at-sek-189-by-goldman-sachs-group.html.

About Volvo

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 (STO:VOLV-B)

Receive News & Stock Ratings for Volvo AB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volvo AB and related stocks with our FREE daily email newsletter.