A number of other equities analysts have also recently issued reports on the company. Citigroup Inc. set a SEK 186 price objective on Volvo AB and gave the stock a buy rating in a report on Friday, September 1st. Goldman Sachs Group, Inc. (The) set a SEK 149 price objective on Volvo AB and gave the stock a neutral rating in a report on Monday, July 10th. UBS AG set a SEK 155 price objective on Volvo AB and gave the stock a neutral rating in a report on Tuesday, September 12th. Finally, J P Morgan Chase & Co set a SEK 155 price objective on Volvo AB and gave the stock a neutral rating in a report on Thursday, July 20th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. Volvo AB currently has a consensus rating of Hold and a consensus price target of SEK 153.
About Volvo AB
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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