Separately, UBS Group set a SEK 135 target price on Volvo and gave the company a sell rating in a research note on Friday, July 6th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of SEK 173.90.
STO VOLV-B opened at SEK 144.90 on Wednesday. Volvo has a 52 week low of SEK 123.40 and a 52 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.
Featured Article: What is the yield curve?
Receive News & Ratings for Volvo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volvo and related companies with MarketBeat.com's FREE daily email newsletter.