Volvo AB (0HTP) Gets a Hold from Kepler Capital
Kepler Capital analyst Mats Liss maintained a Hold rating on Volvo AB on April 7 and set a price target of SEK335.00. The company’s shares closed yesterday at SEK308.80.
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According to TipRanks, Liss is a 2-star analyst with an average return of 0.6% and a 47.86% success rate.
In addition to Kepler Capital , Volvo AB also received a Hold from Exane BNP Paribas’s Lewis Merrick in a report issued on March 31. However, on April 1, J.P. Morgan 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
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