Volvo (VOLV-B) Given a SEK 120 Price Target at Morgan Stanley

Morgan Stanley set a SEK 120 price objective on Volvo (STO:VOLV-B) in a research note published on Thursday morning. The firm currently has a sell rating on the stock.

Other equities research analysts also recently issued reports about the company. set a SEK 180 price objective on Volvo and gave the company a buy rating in a research report on Thursday, October 19th. S&P Global set a SEK 190 price objective on Volvo and gave the company a buy rating in a research report on Friday, October 20th. Citigroup set a SEK 200 price objective on Volvo and gave the company a buy rating in a research report on Monday, October 23rd. UBS Group set a SEK 155 price objective on Volvo and gave the company a neutral rating in a research report on Monday, October 23rd. Finally, Societe Generale set a SEK 170 price objective on Volvo and gave the company a neutral rating in a research report on Tuesday, January 9th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. Volvo currently has a consensus rating of Hold and an average target price of SEK 169.88.

Shares of Volvo (VOLV-B) opened at SEK 158.25 on Thursday. Volvo has a 52-week low of SEK 107 and a 52-week high of SEK 171.30. The stock has a market capitalization of $337,010.00 and a P/E ratio of 15.38.

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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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