Volvo AB Class B (CPH) (STO:VOLV-B) has been assigned a SEK 190 price target by investment analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Monday. The brokerage presently has a “buy” rating on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 23.10% from the company’s current price.
Other equities research analysts have also issued research reports about the stock. Citigroup set a SEK 189 target price on shares of Volvo AB Class B (CPH) and gave the stock a “buy” rating in a report on Monday, June 11th. UBS Group set a SEK 135 target price on shares of Volvo AB Class B (CPH) and gave the stock a “sell” rating in a report on Thursday, August 2nd. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of SEK 173.90.
VOLV-B opened at SEK 154.35 on Monday. Volvo AB Class B has a twelve month low of SEK 123.40 and a twelve month high of SEK 171.30.
Volvo AB Class B (CPH) 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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