Volvo (VOLV-B) Given a SEK 185 Price Target at Jefferies Financial Group

Jefferies Financial Group set a SEK 185 price target on Volvo (STO:VOLV-B) in a report issued on Tuesday. The firm currently has a buy rating on the stock.

Several other research firms also recently weighed in on VOLV-B. UBS Group set a SEK 135 target price on Volvo and gave the company a sell rating in a research report on Wednesday, October 17th. JPMorgan Chase & Co. set a SEK 190 price target on Volvo and gave the company a buy rating in a report on Tuesday, October 23rd. Cfra set a SEK 160 price target on Volvo and gave the company a buy rating in a report on Monday, October 22nd. Kepler Capital Markets set a SEK 160 price target on Volvo and gave the company a buy rating in a report on Monday, October 22nd. Finally, Morgan Stanley set a SEK 125 price target on Volvo and gave the company a sell rating in a report on Thursday, December 6th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of SEK 161.90.

STO VOLV-B opened at SEK 131.75 on Tuesday. Volvo has a 1-year low of SEK 123.40 and a 1-year high of SEK 171.30.

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.

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Analyst Recommendations for Volvo (STO:VOLV-B)

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