Volvo (VOLV-B) Given a SEK 127 Price Target by Bank of America Analysts

Volvo (STO:VOLV-B) has been given a SEK 127 price target by analysts at Bank of America in a report issued on Tuesday, Borsen Zeitung reports. The firm presently has a “sell” rating on the stock. Bank of America‘s price objective points to a potential downside of 10.37% from the company’s previous close.

A number of other equities research analysts have also recently weighed in on the company. Goldman Sachs Group set a SEK 191 price target on Volvo and gave the company a “buy” rating in a report on Tuesday. Kepler Capital Markets set a SEK 170 price target on Volvo and gave the company a “buy” rating in a report on Thursday, April 25th. Deutsche Bank set a SEK 200 price target on Volvo and gave the company a “buy” rating in a report on Thursday, April 25th. JPMorgan Chase & Co. set a SEK 150 price target on Volvo and gave the company a “neutral” rating in a report on Wednesday, April 24th. Finally, UBS Group set a SEK 112 price target on Volvo and gave the company a “sell” rating in a report on Wednesday, April 24th. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of SEK 161.73.

VOLV-B stock opened at SEK 141.70 on Tuesday. Volvo has a fifty-two week low of SEK 123.40 and a fifty-two 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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