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

Volvo (STO:VOLV-B) has been given a SEK 185 price objective by Jefferies Financial Group in a report released on Tuesday. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s price target indicates a potential upside of 39.99% from the company’s current price.

Other research analysts have also issued reports about the company. JPMorgan Chase & Co. set a SEK 190 price target on Volvo and gave the stock a “buy” rating in a research report on Wednesday, October 10th. HSBC set a SEK 180 price target on Volvo and gave the stock a “buy” rating in a research report on Wednesday, October 24th. Kepler Capital Markets set a SEK 160 price target on Volvo and gave the stock a “buy” rating in a research report on Monday, October 22nd. Cfra set a SEK 160 price target on Volvo and gave the stock a “buy” rating in a research report on Monday, October 22nd. Finally, Deutsche Bank set a SEK 200 price target on Volvo and gave the stock a “buy” rating in a research report on Monday, October 22nd. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the stock. Volvo has an average rating of “Hold” and a consensus price target of SEK 161.90.

VOLV-B opened at SEK 132.15 on Tuesday. Volvo has a 12 month low of SEK 123.40 and a 12 month 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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