According to Zacks, “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. The Company’s brand portfolio consists of Volvo, Volvo Penta, UD, Terex Trucks, Renault Trucks, Prevost, Nova Bus and Mack. In addition to vehicles and machines, its offering includes a range of services, such as insurance, rental services, spare parts, preventive maintenance, service agreements, assistance services and information technology (IT) services. Its product range is divided into Vehicles and Services. The sale of new vehicles, machinery and engines comprise Vehicles, as well as the sale of used vehicles and machines, trailers, superstructures and special vehicles. Its Services include the sale of spare parts. “
VLVLY has been the subject of a number of other research reports. JPMorgan Chase & Co. lowered their target price on AB Volvo (publ) from SEK 210 to SEK 205 in a report on Friday, April 8th. The Goldman Sachs Group downgraded AB Volvo (publ) from a “conviction-buy” rating to a “buy” rating in a research report on Friday, March 25th. Finally, Kepler Capital Markets downgraded AB Volvo (publ) from a “buy” rating to a “hold” rating in a research report on Thursday, April 7th. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $114.50.
AB Volvo (publ) (OTCMKTS:VLVLY – Get Rating) last issued its earnings results on Friday, January 28th. The company reported $0.44 earnings per share (EPS) for the quarter. The company had revenue of $11.56 billion for the quarter. AB Volvo (publ) had a net margin of 8.84% and a return on equity of 26.45%. As a group, equities research analysts forecast that AB Volvo will post 1.77 earnings per share for the current year.
AB Volvo (publ) Company Profile (Get Rating)
AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. The company offers trucks for long-haulage, construction, mining, and distribution purposes under the Volvo, UD Trucks, Renault Trucks, Mack, Eicher, Arquus, cellcentric, and Dongfeng Trucks brands; and city and intercity buses, coaches, and bus chassis, as well as associated transport systems under the Prevost and Nova Bus brands.
- Get a free copy of the StockNews.com research report on AB Volvo (publ) (VLVLY)
- OrganiGram’s Turnaround Begins To Blossom
- Three Dividend Stocks With Growth Potential
- Exelon Stock Still Has Extraordinary Upside
- Ross Stores On The Verge Of Major Rally
- Insiders Are Selling Palo Alto Networks
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for AB Volvo (publ) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AB Volvo (publ) and related companies with MarketBeat.com's FREE daily email newsletter.