JPMorgan Chase & Co. set a SEK 155 target price on Volvo (STO:VOLV-B) in a research note issued to investors on Friday morning. The brokerage currently has a neutral rating on the stock.

A number of other analysts have also weighed in on VOLV-B. UBS Group set a SEK 155 price objective on shares of Volvo and gave the stock a neutral rating in a research note on Tuesday, September 12th. Morgan Stanley set a SEK 120 price objective on shares of Volvo and gave the stock a sell rating in a research note on Monday, October 9th. set a SEK 180 price objective on shares of Volvo and gave the stock a buy rating in a research note on Thursday, October 19th. S&P Global set a SEK 190 price objective on shares of Volvo and gave the stock a buy rating in a research note on Friday, October 20th. Finally, Citigroup set a SEK 200 target price on shares of Volvo and gave the stock a buy rating in a report on Monday, October 23rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. Volvo has an average rating of Hold and an average price target of SEK 169.86.

Shares of Volvo (STO VOLV-B) opened at SEK 159.80 on Friday. Volvo has a one year low of SEK 106.80 and a one year high of SEK 171.30. The stock has a market cap of $340,560.00 and a price-to-earnings ratio of 15.53.

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Volvo 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.

Analyst Recommendations for Volvo (STO:VOLV-B)

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