Volvo AB (0HTP) Gets a Hold from Bernstein
In a report released today, Harry Martin from Bernstein maintained a Hold rating on Volvo AB, with a price target of SEK290.00.
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According to TipRanks, Martin is an analyst with an average return of -2.6% and a 42.67% success rate. Martin covers the Industrials sector, focusing on stocks such as Daimler Truck Holding AG, Volvo AB, and TRATON SE.
In addition to Bernstein, Volvo AB also received a Hold from RBC Capital’s Mark Fielding in a report issued on March 23. However, today, UBS maintained a Buy rating on Volvo AB (LSE: 0HTP).
Based on Volvo AB’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of SEK123.8 billion and a net profit of SEK9.61 billion. In comparison, last year the company earned a revenue of SEK138.41 billion and had a net profit of SEK10.74 billion
Read More on GB:0HTP:
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- Volvo price target raised to SEK 342 from SEK 323 at Morgan Stanley
- Volvo sells 45% ownership in Flexis to Renault
- Volvo price target raised to SEK 321 from SEK 290 at Deutsche Bank
- Volvo downgraded to Sector Perform from Outperform at RBC Capital
- Volvo price target raised to SEK 360 from SEK 330 at JPMorgan
