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Kepler Capital Reaffirms Their Hold Rating on Volvo AB (0HTP)

Tipranks - Tipranks - Sun Apr 26, 8:42PM CDT

Kepler Capital analyst Mats Liss maintained a Hold rating on Volvo AB on April 24 and set a price target of SEK345.00. The company’s shares closed last Friday at SEK322.10.

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According to TipRanks, Liss is ranked #3730 out of 12158 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Volvo AB with a SEK343.55 average price target, a 6.66% upside from current levels. In a report released on April 24, RBC Capital also maintained a Hold rating on the stock with a SEK360.00 price target.

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Based on Volvo AB’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of SEK110.77 billion and a net profit of SEK8.32 billion. In comparison, last year the company earned a revenue of SEK121.79 billion and had a net profit of SEK9.89 billion

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