Volvo (STO:VOLV-B) Given a SEK 143 Price Target by Royal Bank of Canada Analysts

Royal Bank of Canada set a SEK 143 price target on Volvo (STO:VOLV-B) in a research note published on Wednesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Other research analysts have also issued research reports about the company. Kepler Capital Markets set a €27.00 ($31.40) target price on Jungheinrich and gave the stock a neutral rating in a research report on Thursday, April 25th. HSBC reiterated a buy rating on shares of LVMH Moet Hennessy Louis Vuitton in a research report on Tuesday, March 26th. Jefferies Financial Group set a €110.00 ($127.91) target price on Airbus and gave the stock a buy rating in a research report on Friday, June 14th. Goldman Sachs Group lowered EXPERIAN PLC/ADR from a buy rating to a neutral rating in a research report on Wednesday, July 10th. Finally, Deutsche Bank decreased their target price on Xilinx from $125.00 to $120.00 and set a hold rating for the company in a research report on Thursday, April 25th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. The company currently has an average rating of Hold and an average price target of SEK 160.82.

Shares of VOLV-B opened at SEK 150.10 on Wednesday. The business has a 50 day moving average price of SEK 143.90. Volvo has a 52 week low of SEK 123.40 and a 52 week high of SEK 171.30.

About Volvo

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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