AB Volvo

VOLV B

SE0000115446

Heavy Machinery & Vehicles

Market Closed - Nasdaq Stockholm Other stock markets 09:30:01 17/07/2024 pm IST			5-day change	1st Jan Change
271.2 ^SEK	-1.56%		+1.80%	+3.63%

11/07	US Government Pledges $1.7 Billion in Grants to Support EV Manufacturing and Assembly	MT
11/07	U.S., nearly $1.1 billion in grants to Stellantis and GM for Ev production	RE

VOLVO B : Receives a Buy rating from Kepler Cheuvreux

January 18, 2022 at 07:59 pm IST

Michael Raab from Kepler Cheuvreux retains his positive opinion on the stock with a Buy rating. The target price is increased from SEK 230 to SEK 245.

Latest news about AB Volvo

US Government Pledges $1.7 Billion in Grants to Support EV Manufacturing and Assembly	11/07	MT
U.S., nearly $1.1 billion in grants to Stellantis and GM for Ev production	11/07	RE
Biden administration to award nearly $1.1 billion to Stellantis, GM for EV production	11/07	RE
VOLVO B : Jefferies reaffirms its Buy rating	08/07	ZD
VOLVO B : RBC sticks Neutral	08/07	ZD
Volvo Group and Westport Celebrate Transformative Partnership	05/07	CI
Geely-Backed Polestar Forecasts Revenue Pickup in Q2	04/07	MT
VOLVO B : Goldman Sachs remains its Buy rating	04/07	ZD
Wetteri Unit Buys Sports Car Center Branch in Finland	02/07	MT
Volvo Closes Sale of Specialized Vehicle Maker Arquus	02/07	MT
John Cockerill Defense France acquired Arquus from AB Volvo (OM:VOLV B).	02/07	CI
VOLVO B : Jefferies remains its Buy rating	01/07	ZD
Volvo Group Names Radhika Nair as Head of People Culture for India, Effective July 1, 2024	27/06	CI
Zeekr's sales jump as Chinese dominate Russian EV market	27/06	RE
Volvo to delay EX30's US shipments due to higher tariffs on Chinese imports, Bloomberg News reports	27/06	RE
US business equipment borrowings up 11% in May, ELFA says	26/06	RE
Moody's Maintains AB Volvo's Ratings on Strong Market Position, Credit Profile	23/06	MT
What are EV startups doing to ride out weak demand?	19/06	RE
What are EV startups doing to ride out weak demand?	18/06	RE
VOLVO B : Deutsche Bank gives a Buy rating	18/06	ZD
VOLVO B : JP Morgan reaffirms its Neutral rating	18/06	ZD
France and Belgium strengthen their cooperation in land defence	18/06	RE
Daimler Truck wants to help companies more with the expansion of e-charging stations	11/06	DP
Volvo Transfers Production of China-Made EVs to Belgium	10/06	MT
EU set to disclose tariff rates for Chinese electric vehicles	10/06	RE

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

18/07/2024 - 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 07:48 pm IST

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

July 20, 2023 at 03:45 pm IST

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

275.5 SEK

Average target price

312 SEK

Spread / Average Target

+13.27%

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 : Receives a Buy rating from Kepler Cheuvreux

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