J P Morgan Chase & Co set a SEK 155 target price on Volvo AB (STO:VOLV-B) in a research report sent to investors on Friday, October 20th. The firm currently has a neutral rating on the stock.
A number of other research firms have also issued reports on VOLV-B. HSBC Holdings plc set a SEK 180 price objective on Volvo AB and gave the company a buy rating in a research note on Thursday, October 19th. UBS AG set a SEK 155 price objective on Volvo AB and gave the company a neutral rating in a research note on Tuesday, October 17th. Morgan Stanley set a SEK 120 price objective on Volvo AB and gave the company a sell rating in a research note on Monday, October 9th. Citigroup Inc. set a SEK 186 price objective on Volvo AB and gave the company a buy rating in a research note on Friday, September 1st. Finally, Goldman Sachs Group, Inc. (The) set a SEK 149 target price on Volvo AB and gave the stock a neutral rating in a research note on Monday, July 17th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. The company has an average rating of Hold and an average price target of SEK 164.14.
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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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