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Volvo AB (0HTP) Gets a Buy from Kepler Capital

Volvo AB (0HTP) Gets a Buy from Kepler Capital

In a report released on July 3, Mats Liss from Kepler Capital maintained a Buy rating on Volvo AB, with a price target of SEK290.00. The company's shares closed last Thursday at SEK269.60.
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According to TipRanks, Liss is a 3-star analyst with an average return of 3.1% and a 51.00% success rate. Liss covers the Industrials sector, focusing on stocks such as Volvo AB, Munters Group AB, and Indutrade AB.
Currently, the analyst consensus on Volvo AB is a Moderate Buy with an average price target of SEK300.45, an 11.44% upside from current levels. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a SEK295.00 price target.
Based on Volvo AB's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of SEK121.79 billion and a net profit of SEK9.89 billion. In comparison, last year the company earned a revenue of SEK131.18 billion and had a net profit of SEK14.08 billion
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