HSBC Holdings plc set a SEK 180 price objective on Volvo AB (STO:VOLV-B) in a research report sent to investors on Thursday morning. The brokerage currently has a buy rating on the stock.

A number of other equities analysts also recently commented on the stock. UBS AG set a SEK 155 target price on shares of Volvo AB and gave the company a neutral rating in a research note on Tuesday, October 17th. Morgan Stanley set a SEK 120 target price on shares of Volvo AB and gave the company a sell rating in a research note on Monday, October 9th. Citigroup Inc. set a SEK 186 target price on shares of Volvo AB and gave the company a buy rating in a research note on Friday, September 1st. J P Morgan Chase & Co set a SEK 155 target price on shares of Volvo AB and gave the company a neutral rating in a research note on Thursday, July 20th. Finally, Goldman Sachs Group Inc set a SEK 149 target price on shares of Volvo AB and gave the company 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 assigned a buy rating to the company. Volvo AB presently has an average rating of Hold and an average price target of SEK 162.14.

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About Volvo AB

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 AB (STO:VOLV-B)

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