UBS AG Analysts Give Volvo AB (VOLV-B) a SEK 155 Price Target
UBS AG set a SEK 155 target price on Volvo AB (STO:VOLV-B) in a research note released on Thursday, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.
Other analysts have also issued research reports about the company. J P Morgan Chase & Co set a SEK 155 price target on Volvo AB and gave the company a neutral rating in a report on Thursday, July 20th. Goldman Sachs Group, Inc. (The) set a SEK 149 price target on Volvo AB and gave the company a neutral rating in a report on Monday, July 17th. Finally, Citigroup Inc. set a SEK 180 price target on Volvo AB and gave the company a buy rating in a report on Monday, May 29th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of SEK 130.80.
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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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