In a report released today, Nicholas Housden from RBC Capital maintained a Buy rating on Volvo AB, with a price target of SEK310.00. The company’s shares closed yesterday at SEK269.00.
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Housden covers the Industrials sector, focusing on stocks such as Daimler Truck Holding AG, Volvo AB, and Paccar. According to TipRanks, Housden has an average return of 12.3% and a 64.83% success rate on recommended stocks.
In addition to RBC Capital, Volvo AB also received a Buy from UBS’s Hemal Bhundia in a report issued today. However, yesterday, Bernstein upgraded Volvo AB (LSE: 0HTP) to a Hold.
0HTP market cap is currently SEK543B and has a P/E ratio of 14.38.
Read More on GB:0HTP:
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- Volvo upgraded to Market Perform from Underperform at Bernstein
- Trump threatens new tariffs on drugs, kitchen cabinets, trucks: Morning Buzz
- Trump to impose 25% tariff on heavy truck imports starting October 1
- Volvo downgraded to Neutral from Buy at Goldman Sachs
- Ecarx announces Antora, Cloudpeak to power Volvo XC70 SUV
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