Volvo AB (STO:VOLV.B) Receives Consensus Rating of “Buy” from Analysts

Shares of Volvo AB (STO:VOLV.B) have been given a consensus rating of “Buy” by the nine research firms that are covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a buy rating. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is SEK 237.78.

VOLV.B has been the topic of several analyst reports. Royal Bank of Canada set a SEK 242 price target on shares of Volvo in a research report on Wednesday, July 21st. JPMorgan Chase & Co. set a SEK 235 target price on shares of Volvo in a research report on Tuesday, July 20th. Jefferies Financial Group set a SEK 245 target price on shares of Volvo in a research report on Tuesday, July 20th. UBS Group set a SEK 175 target price on shares of Volvo in a research report on Thursday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft set a SEK 250 target price on shares of Volvo and gave the company a “buy” rating in a research report on Thursday, June 3rd.

Volvo has a 52-week low of SEK 123.40 and a 52-week high of SEK 171.30.

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.

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Analyst Recommendations for Volvo (STO:VOLV.B)

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Volvo AB (STO:VOLV.B) Receives Consensus Rating of “Buy” from Analysts

Shares of Volvo AB (STO:VOLV.B) have been given a consensus rating of “Buy” by the nine research firms that are covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a buy rating. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is SEK 237.78.

VOLV.B has been the topic of several analyst reports. JPMorgan Chase & Co. set a SEK 235 price target on shares of Volvo in a research report on Tuesday, July 20th. Kepler Capital Markets set a SEK 240 price target on shares of Volvo and gave the company a “buy” rating in a research report on Thursday, June 24th. Royal Bank of Canada set a SEK 242 target price on shares of Volvo in a research report on Wednesday, July 21st. Jefferies Financial Group set a SEK 245 target price on shares of Volvo in a research report on Tuesday, July 20th. Finally, Deutsche Bank Aktiengesellschaft set a SEK 250 target price on shares of Volvo and gave the company a “buy” rating in a research report on Thursday, June 3rd.

Volvo has a 52-week low of SEK 123.40 and a 52-week high of SEK 171.30.

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.

See Also: What is the accumulation/distribution indicator?

Analyst Recommendations for Volvo (STO:VOLV.B)

Receive News & Ratings for Volvo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volvo and related companies with MarketBeat.com's FREE daily email newsletter.