Volvo Car AB (publ.) (NASDAQ:VLVOF) Now Covered by Sanford C. Bernstein

Research analysts at Sanford C. Bernstein started coverage on shares of Volvo Car AB (publ.) (NASDAQ:VLVOF – Get Rating) in a research note issued on Tuesday, The Fly reports. The firm set an “outperform” rating on the stock.

A number of other brokerages have also issued reports on VLVOF. Nordea Equity Research lowered shares of Volvo Car AB (publ.) from a “buy” rating to a “hold” rating in a research report on Tuesday, April 19th. Exane BNP Paribas lowered shares of Volvo Car AB (publ.) from a “neutral” rating to an “underperform” rating in a research report on Thursday, March 17th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of 80.67.

VLVOF stock opened at 5.74 on Tuesday. The firm has a 50 day simple moving average of 5.76. Volvo Car AB has a 12 month low of 5.74 and a 12 month high of 10.02.

About Volvo Car AB (publ.) (Get Rating)

Volvo Car AB (publ.) designs, develops, manufactures, markets, assembles, and sells passenger cars in Europe, China, the United States, and internationally. The company offers sedans and SUV vehicles under the Volvo brand; and electric cars under the Volvo and Polestar brands. It also provides vehicle parts and accessories, as well as sells online.

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