Societe Generale Analysts Give Volvo (VOLV-B) a SEK 170 Price Target

Societe Generale set a SEK 170 target price on Volvo (STO:VOLV-B) in a research note issued to investors on Tuesday, January 9th. The brokerage currently has a neutral rating on the stock.

Other research analysts also recently issued reports about the company. set a SEK 180 price target on Volvo and gave the company a buy rating in a report on Thursday, October 19th. S&P Global set a SEK 190 target price on Volvo and gave the company a buy rating in a report on Friday, October 20th. Citigroup set a SEK 200 target price on Volvo and gave the company a buy rating in a report on Monday, October 23rd. UBS Group set a SEK 155 target price on Volvo and gave the company a neutral rating in a report on Tuesday, September 12th. Finally, JPMorgan Chase & Co. set a SEK 155 target price on Volvo and gave the company a neutral rating in a report on Friday, January 5th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of SEK 171.

Volvo (STO:VOLV-B) traded down SEK 3.40 during midday trading on Tuesday, hitting SEK 157.90. The stock had a trading volume of 6,685,963 shares, compared to its average volume of 4,310,000. Volvo has a 52-week low of SEK 115.20 and a 52-week high of SEK 171.30. The stock has a market capitalization of $336,450.00 and a PE ratio of 15.30.

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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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