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Bernstein Sticks to Their Hold Rating for Volvo AB (0HTP)

Tipranks - Tipranks - Fri Apr 17, 2:46AM CDT

Bernstein analyst Harry Martin maintained a Hold rating on Volvo AB today and set a price target of SEK290.00.

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Martin covers the Consumer Cyclical sector, focusing on stocks such as Continental Aktiengesellschaft, Aumovio SE, and Aston Martin Lagonda Global Holdings plc. According to TipRanks, Martin has an average return of -3.0% and a 43.42% success rate on recommended stocks.

In addition to Bernstein, Volvo AB also received a Hold from Kepler Capital ‘s Mats Liss in a report issued on April 7. However, yesterday, Goldman Sachs maintained a Buy rating on Volvo AB (LSE: 0HTP).

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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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