J P Morgan Chase & Co set a SEK 155 price objective on Volvo AB (STO:VOLV-B) in a research note released on Thursday morning. The brokerage currently has a neutral rating on the stock.
A number of other equities research analysts have also weighed in on the stock. Citigroup Inc. set a SEK 180 price target on shares of Volvo AB and gave the company a buy rating in a report on Monday, May 29th. Goldman Sachs Group, Inc. (The) set a SEK 146 price target on shares of Volvo AB and gave the company a neutral rating in a report on Monday, May 29th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of SEK 124.75.
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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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