AB Volvo (publ) (OTCMKTS:VLVLY) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of AB Volvo (publ) (OTCMKTS:VLVLYGet Free Report) have received a consensus recommendation of “Moderate Buy” from the seven ratings firms that are covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company.

A number of equities research analysts have recently commented on VLVLY shares. Citigroup raised shares of AB Volvo (publ) to a “hold” rating in a report on Friday, October 11th. UBS Group raised shares of AB Volvo (publ) from a “sell” rating to a “neutral” rating in a report on Friday, October 25th. JPMorgan Chase & Co. raised shares of AB Volvo (publ) from a “neutral” rating to an “overweight” rating in a report on Wednesday, November 27th. Finally, Stifel Nicolaus raised shares of AB Volvo (publ) from a “hold” rating to a “buy” rating in a report on Monday, October 21st.

Get Our Latest Analysis on AB Volvo (publ)

AB Volvo (publ) Stock Performance

Shares of VLVLY stock opened at $28.06 on Thursday. AB Volvo has a 12 month low of $23.27 and a 12 month high of $30.14. The company has a market cap of $57.05 billion, a P/E ratio of 11.60 and a beta of 1.29. The company has a current ratio of 1.29, a quick ratio of 0.97 and a debt-to-equity ratio of 0.86. The firm has a fifty day moving average price of $25.09 and a 200 day moving average price of $25.38.

AB Volvo (publ) (OTCMKTS:VLVLYGet Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $0.49 earnings per share for the quarter. AB Volvo (publ) had a net margin of 9.64% and a return on equity of 29.41%. Sell-side analysts predict that AB Volvo will post 2.25 earnings per share for the current fiscal year.

AB Volvo (publ) Company Profile

(Get Free Report

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania. The company provides heavy-duty trucks for long-haulage and construction work and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and chassis under the Prevost and Volvo Bus brands.

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Analyst Recommendations for AB Volvo (publ) (OTCMKTS:VLVLY)

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