Volvo AB (STO:VOLV-B) has been given an average rating of “Hold” by the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is SEK 169.86.

Several research analysts have recently commented on VOLV-B shares. set a SEK 180 price target on Volvo and gave the stock a “buy” rating in a report on Thursday, October 19th. Citigroup set a SEK 186 price target on Volvo and gave the stock a “buy” rating in a report on Friday, September 1st. S&P Global set a SEK 190 price target on Volvo and gave the stock a “buy” rating in a report on Friday, October 20th. UBS Group set a SEK 155 price target on Volvo and gave the stock a “neutral” rating in a report on Tuesday, December 12th. Finally, Goldman Sachs Group set a SEK 189 price target on Volvo and gave the stock a “neutral” rating in a report on Friday, December 8th.

Volvo (VOLV-B) opened at SEK 160 on Friday. The firm has a market capitalization of $338,860.00 and a price-to-earnings ratio of 15.55. Volvo has a fifty-two week low of SEK 105.60 and a fifty-two week high of SEK 171.30.

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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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