Volvo (STO:VOLV.B) Given a SEK 224 Price Target by Royal Bank of Canada Analysts

Volvo (STO:VOLV.BGet Rating) has been given a SEK 224 target price by equities research analysts at Royal Bank of Canada in a research note issued to investors on Tuesday, Borsen Zeitung reports.

Several other analysts have also issued reports on the company. The Goldman Sachs Group set a SEK 225 price objective on Volvo in a report on Wednesday, April 13th. Kepler Capital Markets set a SEK 245 price objective on Volvo in a report on Tuesday, January 18th. Deutsche Bank Aktiengesellschaft set a SEK 250 target price on Volvo in a report on Monday, January 31st. JPMorgan Chase & Co. set a SEK 205 target price on Volvo in a report on Friday. Finally, UBS Group set a SEK 180 target price on Volvo in a report on Tuesday, February 1st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company’s stock. According to data from, Volvo presently has an average rating of “Buy” and an average price target of SEK 224.25.

Volvo has a 1-year low of SEK 123.40 and a 1-year high of SEK 171.30.

About Volvo (Get Rating)

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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