Volvo (STO:VOLV-B) has been given a SEK 155 price objective by investment analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 1.74% from the company’s previous close.

A number of other research analysts have also recently weighed in on the stock. Goldman Sachs Group set a SEK 187 target price on shares of Volvo and gave the company a “neutral” rating in a research note on Monday. Morgan Stanley set a SEK 125 target price on shares of Volvo and gave the company a “sell” rating in a research note on Thursday, February 1st. Kepler Capital Markets set a SEK 175 target price on shares of Volvo and gave the company a “neutral” rating in a research note on Thursday, February 1st. Societe Generale set a SEK 170 target price on shares of Volvo and gave the company a “neutral” rating in a research note on Tuesday, January 9th. Finally, UBS Group set a SEK 155 target price on shares of Volvo and gave the company a “neutral” rating in a research note on Tuesday, December 12th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. Volvo has a consensus rating of “Hold” and a consensus price target of SEK 170.78.

Volvo (STO VOLV-B) opened at SEK 152.35 on Tuesday. Volvo has a one year low of SEK 115.20 and a one year high of SEK 171.30. The firm has a market cap of $328,120.00 and a price-to-earnings ratio of 14.76.

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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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