Deutsche Bank Reiterates SEK 200 Price Target for Volvo (STO:VOLV-B)

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Deutsche Bank set a SEK 200 price target on Volvo (STO:VOLV-B) in a research report report published on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

VOLV-B has been the topic of several other reports. Goldman Sachs Group initiated coverage on Enbridge in a research report on Thursday. They issued a neutral rating on the stock. Kepler Capital Markets set a €27.00 ($31.40) price objective on Jungheinrich and gave the company a neutral rating in a research report on Thursday, April 25th. Jefferies Financial Group set a €110.00 ($127.91) price objective on Airbus and gave the company a buy rating in a research report on Friday, June 14th. UBS Group restated a neutral rating on shares of CAIXABANK/ADR in a research report on Thursday. Finally, JPMorgan Chase & Co. downgraded News from a neutral rating to an underweight rating in a research report on Thursday. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. Volvo has a consensus rating of Hold and an average price target of SEK 159.

Shares of STO:VOLV-B opened at SEK 148.55 on Friday. Volvo has a 52-week low of SEK 123.40 and a 52-week high of SEK 171.30. The firm has a fifty day moving average of SEK 143.90.

Volvo Company Profile

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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