AB Volvo

VOLV B

SE0000115446

Heavy Machinery & Vehicles

Market Closed - Nasdaq Stockholm Other stock markets 11:29:39 2024-04-19 am EDT			5-day change	1st Jan Change
280.2 ^SEK	-4.14%		-1.48%	+7.07%

Apr. 19	Tesla Semi trucks in short supply for PepsiCo as its rivals use competing EV big rigs	RE
Apr. 19	VOLVO B : RBC remains Neutral	ZD

VOLVO B : Receives a Buy rating from JP Morgan

October 22, 2021 at 05:26 am EDT

In a research note, JP Morgan analyst Jose Asumendi has maintained his recommendation on the stock with a Buy rating. The target price continues to be set at SEK 235.

Latest news about AB Volvo

Tesla Semi trucks in short supply for PepsiCo as its rivals use competing EV big rigs	Apr. 19	RE
VOLVO B : RBC remains Neutral	Apr. 19	ZD
Global markets live: P&G, Amex, Blackstone, Apple, Tesla...	Apr. 19
U.S. Futures, European Stocks Slip After Israel Launches Strike Against Iran	Apr. 19	DJ
China's Geely to Divest SEK14.5 Billion of Volvo AB Shares	Apr. 19	MT
Volvo Cars, CATL Sign Preliminary Battery-Recycling Deal	Apr. 18	DJ
VOLVO: SIGNS MOU WITH CATL ON BATTERY MATERIAL RECYCLING…	Apr. 18	RE
VOLVO B : Deutsche Bank reaffirms its Buy rating	Apr. 18	ZD
VOLVO B : Jefferies reaffirms its Buy rating	Apr. 17	ZD
VOLVO B : Gets a Neutral rating from JP Morgan	Apr. 17	ZD
VOLVO : Higher-than-expected Q1 results driven by pricing and capacity adjustments offsetting lower demand	Apr. 17
Global markets live: LVMH, ASML, Rio Tinto, Eli Lilly, Tesla...	Apr. 17
VOLVO B : Receives a Buy rating from Goldman Sachs	Apr. 17	ZD
News Highlights : Top Company News of the Day - Wednesday at 7 AM ET	Apr. 17	DJ
European Midday Briefing : Stocks Steady After Sharp Losses; Rates, Geopolitics Still Concern	Apr. 17	DJ
Trending : Volvo AB Beats Forecasts as Higher Prices Absorb Lower Demand	Apr. 17	DJ
News Highlights : Top Company News of the Day - Wednesday at 5 AM ET	Apr. 17	DJ
VOLVO B : Gets a Neutral rating from RBC	Apr. 17	ZD
VOLVO B : Jefferies maintains a Buy rating	Apr. 17	ZD
News Highlights : Top Company News of the Day - Wednesday at 3 AM ET	Apr. 17	DJ
Transcript : AB Volvo, Q1 2024 Earnings Call, Apr 17, 2024	Apr. 17
Volvo Earnings Beat Forecasts After Price Increases Help Offset Easing Demand	Apr. 17	DJ
Volvo Group's Q1 Attributable Income Rises, Net Sales Decline	Apr. 17	MT
Truck maker Volvo's Q1 adjusted operating profit beats expectations	Apr. 17	RE
AB Volvo Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 17	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 : Higher-than-expected Q1 results driven by pricing and capacity adjustments offsetting lower demand

April 17, 2024 at 12:38 pm 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

280.2 SEK

Average target price

312.6 SEK

Spread / Average Target

+11.56%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Heavy Trucks

	1st Jan change	Capi.
AB VOLVO	+7.07%	54.72B
SINOTRUK (HONG KONG) LIMITED	+45.23%	7.76B
JUNGHEINRICH AG	+7.28%	4.01B
SINOTRUK JINAN TRUCK CO.,LTD	+36.98%	2.89B
CIMC VEHICLES (GROUP) CO., LTD.	+7.07%	2.64B
ANHUI HELI CO.,LTD.	+41.19%	2.63B
WABASH NATIONAL CORPORATION	-1.01%	1.13B
MITSUBISHI LOGISNEXT CO., LTD.	+7.89%	1.07B
KAMAZ PUBLICLY TRADED COMPANY	-.--%	656M
SHANGHAI NEW POWER AUTOMOTIVE TECHNOLOGY COMPANY LIMITED	-32.49%	655M

Heavy Trucks

AB Volvo

Equities

VOLV B

SE0000115446

Heavy Machinery & Vehicles

VOLVO B : Receives a Buy rating from JP Morgan

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