UBS Group set a SEK 135 price target on Volvo (STO:VOLV-B) in a research report report published on Wednesday morning, www.boersen-zeitung.de reports. The brokerage currently has a sell rating on the stock.
Separately, JPMorgan Chase & Co. set a SEK 190 price objective on Volvo and gave the company a buy rating in a report on Wednesday. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. The stock has an average rating of Hold and an average price target of SEK 173.90.
Shares of VOLV-B stock opened at SEK 144.90 on Wednesday. Volvo has a fifty-two week low of SEK 123.40 and a fifty-two week high of SEK 171.30.
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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