Other research analysts have also issued research reports about the stock. Morgan Stanley set a SEK 120 price target on shares of Volvo AB and gave the stock a sell rating in a research note on Monday, October 9th. HSBC Holdings plc set a SEK 180 price target on shares of Volvo AB and gave the stock a buy rating in a research note on Thursday. Goldman Sachs Group, Inc. (The) set a SEK 149 price target on shares of Volvo AB and gave the stock a neutral rating in a research note on Monday, July 17th. UBS AG set a SEK 155 price target on shares of Volvo AB and gave the stock a neutral rating in a research note on Tuesday, September 12th. Finally, Citigroup Inc. set a SEK 186 price target on shares of Volvo AB and gave the stock a buy rating in a research note on Friday, September 1st. Two investment 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. The stock presently has an average rating of Hold and a consensus price target of SEK 162.14.
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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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