Volvo (STO:VOLV.B) Given a SEK 187 Price Target by Goldman Sachs Group Analysts

Goldman Sachs Group set a SEK 187 price objective on Volvo (STO:VOLV.B) in a research note published on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other research analysts have also recently commented on the stock. Royal Bank of Canada set a SEK 166 price target on shares of Volvo and gave the stock a neutral rating in a report on Monday, February 3rd. JPMorgan Chase & Co. set a SEK 165 price objective on shares of Volvo and gave the company a neutral rating in a report on Thursday, February 6th. Kepler Capital Markets set a SEK 155 price objective on shares of Volvo and gave the stock a buy rating in a research report on Tuesday, March 17th. Deutsche Bank set a SEK 190 target price on shares of Volvo and gave the stock a buy rating in a research note on Friday, January 31st. Finally, UBS Group set a SEK 113 target price on Volvo and gave the company a neutral rating in a report on Thursday, March 19th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. Volvo currently has a consensus rating of Hold and an average target price of SEK 155.70.

The stock’s fifty day moving average price is SEK 153.66 and its 200 day moving average price is SEK 148.69. Volvo has a one year low of SEK 123.40 and a one year 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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Analyst Recommendations for Volvo (STO:VOLV.B)

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