Volvo Ab (VLVLY) Receives Average Rating of “Hold” from Analysts
Volvo Ab (NASDAQ:VLVLY) has received a consensus broker rating score of 3.00 (Hold) from the three analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong sell rating, one has given a hold rating and one has issued a strong buy rating on the company.
Zacks has also given Volvo Ab an industry rank of 35 out of 265 based on the ratings given to related companies.
Several analysts recently commented on VLVLY shares. Zacks Investment Research raised shares of Volvo Ab from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a research report on Thursday, October 12th. DNB Markets raised shares of Volvo Ab from a “hold” rating to a “buy” rating in a report on Friday, September 1st.
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Volvo Ab (NASDAQ:VLVLY) last announced its quarterly earnings data on Friday, October 20th. The company reported $0.33 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.27 by $0.06. The firm had revenue of $9.49 billion for the quarter, compared to analysts’ expectations of $9.29 billion.
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