Volvo (VOLV-B) Given a SEK 175 Price Target by Goldman Sachs Group Analysts
Goldman Sachs Group set a SEK 175 target price on Volvo (STO:VOLV-B) in a report published on Friday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
VOLV-B has been the topic of several other reports. UBS Group set a SEK 112 price objective on Volvo and gave the company a sell rating in a research note on Tuesday, April 9th. Jefferies Financial Group set a SEK 185 price objective on Volvo and gave the company a buy rating in a research note on Tuesday, February 5th. JPMorgan Chase & Co. set a SEK 150 price objective on Volvo and gave the company a neutral rating in a research note on Monday, January 7th. Bank of America set a SEK 120 price objective on Volvo and gave the company a sell rating in a research note on Wednesday, April 3rd. Finally, Kepler Capital Markets set a SEK 140 target price on Volvo and gave the company a buy rating in a report on Thursday, December 13th. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of SEK 158.73.
Shares of STO:VOLV-B opened at SEK 146.50 on Friday. Volvo has a 12-month low of SEK 123.40 and a 12-month high of SEK 171.30.
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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