AB Volvo

VOLV B

SE0000115446

Heavy Machinery & Vehicles

Real-time Estimate Cboe Europe Other stock markets 10:48:46 2024-07-03 EDT			5-day change	1st Jan Change
267.4 ^SEK	+0.32%		-0.30%	+2.22%

07-02	Wetteri Unit Buys Sports Car Center Branch in Finland	MT
07-02	Volvo Closes Sale of Specialized Vehicle Maker Arquus	MT

VOLVO B : Goldman Sachs reaffirms its Buy rating

November 08, 2022 at 05:45 am

Goldman Sachs is positive on the stock with a Buy rating. The target price is slightly modified from 274 to 268 SEK.

Latest news about AB Volvo

Wetteri Unit Buys Sports Car Center Branch in Finland	07-02	MT
Volvo Closes Sale of Specialized Vehicle Maker Arquus	07-02	MT
John Cockerill Defense France acquired Arquus from AB Volvo (OM:VOLV B).	07-01	CI
VOLVO B : Jefferies remains its Buy rating	07-01	ZD
Volvo Group Names Radhika Nair as Head of People Culture for India, Effective July 1, 2024	06-27	CI
Zeekr's sales jump as Chinese dominate Russian EV market	06-27	RE
Volvo to delay EX30's US shipments due to higher tariffs on Chinese imports, Bloomberg News reports	06-26	RE
US business equipment borrowings up 11% in May, ELFA says	06-25	RE
Moody's Maintains AB Volvo's Ratings on Strong Market Position, Credit Profile	06-23	MT
What are EV startups doing to ride out weak demand?	06-18	RE
What are EV startups doing to ride out weak demand?	06-18	RE
VOLVO B : Deutsche Bank gives a Buy rating	06-18	ZD
VOLVO B : JP Morgan reaffirms its Neutral rating	06-18	ZD
France and Belgium strengthen their cooperation in land defence	06-17	RE
Daimler Truck wants to help companies more with the expansion of e-charging stations	06-11	DP
Volvo Transfers Production of China-Made EVs to Belgium	06-10	MT
EU set to disclose tariff rates for Chinese electric vehicles	06-10	RE
Volvo shifting EV production to Belgium to evade China tariffs, The Times reports	06-09	RE
Imported Car Sales in South Korea Jump in May	06-07	MT
VOLVO B : JP Morgan sticks Neutral	06-05	ZD
Volvo Cars Posts Higher Sales in May	06-05	MT
Volvo Cars' May sales rise 13%, boosted by electric vehicles	06-05	RE
Volvo Cars' May sales rise 13%	06-05	RE
Lithium Australia Subsidiary Signs Battery Recycling Deal with Volvo Australia	06-04	MT
Westport Fuel Systems Inc. and Volvo Group Announces Board Appointments	06-04	CI

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

2024-07-17 - 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

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

July 20, 2023 at 06:15 am

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

266.5 SEK

Average target price

313.5 SEK

Spread / Average Target

+17.65%

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 : Goldman Sachs 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