AB Volvo

VOLV B

SE0000115446

Heavy Machinery & Vehicles

Market Closed - Nasdaq Stockholm Other stock markets 12:00:00 2024-07-08 pm EDT			5-day change	1st Jan Change
266.5 ^SEK	+0.04%		-2.52%	+1.83%

06:05pm	VOLVO B : Jefferies reaffirms its Buy rating	ZD
08:56am	VOLVO B : RBC sticks Neutral	ZD

VOLVO B : Jefferies reaffirms its Buy rating

July 08, 2024 at 12:05 pm EDT

Jefferies analyst Michael Aspinall maintains his Buy rating on the stock. The target price is unchanged at SEK 330.

Latest news about AB Volvo

VOLVO B : Jefferies reaffirms its Buy rating	12:05pm	ZD
VOLVO B : RBC sticks Neutral	02:56am	ZD
Volvo Group and Westport Celebrate Transformative Partnership	Jul. 05	CI
Geely-Backed Polestar Forecasts Revenue Pickup in Q2	Jul. 04	MT
VOLVO B : Goldman Sachs remains its Buy rating	Jul. 04	ZD
Wetteri Unit Buys Sports Car Center Branch in Finland	Jul. 02	MT
Volvo Closes Sale of Specialized Vehicle Maker Arquus	Jul. 02	MT
John Cockerill Defense France acquired Arquus from AB Volvo (OM:VOLV B).	Jul. 01	CI
VOLVO B : Jefferies remains its Buy rating	Jul. 01	ZD
Volvo Group Names Radhika Nair as Head of People Culture for India, Effective July 1, 2024	Jun. 27	CI
Zeekr's sales jump as Chinese dominate Russian EV market	Jun. 27	RE
Volvo to delay EX30's US shipments due to higher tariffs on Chinese imports, Bloomberg News reports	Jun. 26	RE
US business equipment borrowings up 11% in May, ELFA says	Jun. 25	RE
Moody's Maintains AB Volvo's Ratings on Strong Market Position, Credit Profile	Jun. 23	MT
What are EV startups doing to ride out weak demand?	Jun. 18	RE
What are EV startups doing to ride out weak demand?	Jun. 18	RE
VOLVO B : Deutsche Bank gives a Buy rating	Jun. 18	ZD
VOLVO B : JP Morgan reaffirms its Neutral rating	Jun. 18	ZD
France and Belgium strengthen their cooperation in land defence	Jun. 17	RE
Daimler Truck wants to help companies more with the expansion of e-charging stations	Jun. 11	DP
Volvo Transfers Production of China-Made EVs to Belgium	Jun. 10	MT
EU set to disclose tariff rates for Chinese electric vehicles	Jun. 10	RE
Volvo shifting EV production to Belgium to evade China tariffs, The Times reports	Jun. 09	RE
Imported Car Sales in South Korea Jump in May	Jun. 07	MT
VOLVO B : JP Morgan sticks Neutral	Jun. 05	ZD

AB Volvo is the leading European truck maker and No. 3 worldwide. Net sales break down by activity as follows: - sales of trucks (66.3%): 246,272 vehicles sold in 2023 (names Volvo, Renault, Eicher and Mack); - sales of construction equipment (18.7%): excavators, loaders, backhoes, hydraulic shovels, graders, dump trucks, etc.; - financial services (4.3%); - bus and chassis sales (4%): world's No. 2 largest manufacturer; - sales of parts, control systems, and marine and industrial motors (3.7%): for commerce and cruise ships and for industrial applications (irrigation units, lifting trucks, electrical generators, etc.); - other (3%). Net sales are distributed geographically as follows: Europe (42.8%), North America (29.8%), Asia (12%), South America (8.9%), Africa and Oceania (6.5%).

Sector

Heavy Machinery & Vehicles

Calendar

2024-07-18 - Q2 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR)

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

VOLVO : Target upgrade by 14.1%

April 22, 2024 at 10:18 am EDT

INTERVIEW - Jim Rowan, CEO of Volvo Car: improved profitability thanks to lower lithium prices and price increases

July 20, 2023 at 06:15 am EDT

More Strategies

Ratings for AB Volvo

Trading Rating

Investor Rating

ESG Refinitiv

A-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

266.4 SEK

Average target price

313.2 SEK

Spread / Average Target

+17.57%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Heavy Trucks

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Heavy Trucks

AB Volvo

Equities

VOLV B

SE0000115446

Heavy Machinery & Vehicles

VOLVO B : Jefferies reaffirms its Buy rating

Latest news about AB Volvo

Chart AB Volvo

Company Profile

Income Statement Evolution

Analysis / Opinion

Ratings for AB Volvo

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Heavy Trucks