UBS AG Reiterates SEK 155 Price Target for Volvo AB (VOLV-B)
UBS AG set a SEK 155 target price on Volvo AB (STO:VOLV-B) in a research report report published on Tuesday morning, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.
VOLV-B has been the topic of a number of other research reports. Citigroup Inc. set a SEK 180 price objective on shares of Volvo AB and gave the company a buy rating in a research report on Monday, May 29th. J P Morgan Chase & Co set a SEK 155 price objective on shares of Volvo AB and gave the company a neutral rating in a research report on Thursday, July 20th. Finally, Goldman Sachs Group, Inc. (The) set a SEK 149 price objective on shares of Volvo AB and gave the company a neutral rating in a research report on Monday, July 17th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of SEK 132.
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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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