Volvo AB (STO:VOLV-B) has been assigned a SEK 149 target price by research analysts at Goldman Sachs Group, Inc. (The) in a report released on Monday. The brokerage currently has a “neutral” rating on the stock.

Several other equities analysts have also commented on the company. Citigroup Inc. set a SEK 200 price objective on Volvo AB and gave the company a “buy” rating in a research report on Monday. UBS AG set a SEK 155 price objective on Volvo AB and gave the company a “neutral” rating in a research report on Monday. S&P Global set a SEK 190 price objective on Volvo AB and gave the company a “buy” rating in a research report on Friday. J P Morgan Chase & Co set a SEK 155 price objective on Volvo AB and gave the company a “neutral” rating in a research report on Friday. Finally, HSBC Holdings plc set a SEK 180 price objective on Volvo AB and gave the company a “buy” rating in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of SEK 164.14.

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About Volvo AB

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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