Volvo AB (VOLVY) Receives Average Recommendation of “Hold” from Brokerages

| May 19, 2017 | 0 Comments

Volvo AB (OTCMKTS:VOLVY) has earned an average recommendation of “Hold” from the four research firms that are covering the firm. Two equities research analysts have rated the stock with a sell recommendation and two have assigned a hold recommendation to the company.
Separately, JPMorgan Chase & Co. upgraded shares of Volvo AB from an “underweight” rating to a “neutral” rating in a research note on Thursday, February 2nd.
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Volvo AB Company Profile
AB Volvo is the parent company of the Volvo Group. The Volvo Group is a manufacturer of trucks, buses, construction equipment, diesel engines, and marine and industrial engines. The Volvo Group also provides solutions for financing and service. Its segments include Trucks, Construction Equipment, Buses, Volvo Penta, Group functions & Other, and Financial Services.

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