Volvo AB (STO:VOLV-B) has been given a SEK 200 price target by research analysts at Citigroup Inc. in a research report issued to clients and investors on Monday. The brokerage presently has a “buy” rating on the stock.

A number of other equities analysts have also issued reports on VOLV-B. Goldman Sachs Group, Inc. (The) set a SEK 149 target price on shares of Volvo AB and gave the company a “neutral” rating in a research report on Monday, July 10th. J P Morgan Chase & Co set a SEK 155 target price on shares of Volvo AB and gave the company a “neutral” rating in a research report on Thursday, July 20th. UBS AG set a SEK 155 target price on shares of Volvo AB and gave the company a “neutral” rating in a research report on Thursday, July 27th. Morgan Stanley set a SEK 120 target price on shares of Volvo AB and gave the company a “sell” rating in a research report on Monday, October 9th. Finally, HSBC Holdings plc set a SEK 180 target price on shares of Volvo AB and gave the company a “buy” rating in a research report on Thursday. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. Volvo AB currently has an average rating of “Hold” and an average price target of SEK 164.14.

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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.

Analyst Recommendations for Volvo AB (STO:VOLV-B)

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