Goldman Sachs Group set a SEK 192 price objective on Volvo (STO:VOLV-B) in a research note released on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other research analysts also recently weighed in on VOLV-B. UBS Group set a SEK 112 target price on Volvo and gave the stock a sell rating in a research note on Wednesday, April 24th. JPMorgan Chase & Co. set a SEK 150 target price on Volvo and gave the stock a neutral rating in a research note on Wednesday, April 24th. Kepler Capital Markets set a SEK 170 target price on Volvo and gave the stock a buy rating in a research note on Thursday, April 25th. Deutsche Bank set a SEK 200 target price on Volvo and gave the stock a buy rating in a research note on Thursday, April 25th. Finally, Bank of America set a SEK 120 target price on Volvo and gave the stock a sell rating in a research note on Wednesday, April 3rd. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of SEK 159.55.

Shares of STO:VOLV-B opened at SEK 147 on Thursday. Volvo has a 12-month low of SEK 123.40 and a 12-month high of SEK 171.30. The firm has a fifty day moving average of SEK 141.55.

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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