AB Volvo (publ) (OTCMKTS:VLVLY) Given Consensus Rating of "Moderate Buy" by Analysts

AB Volvo (publ) (OTCMKTS:VLVLY - Get Free Report) has received an average rating of "Moderate Buy" from the eight research firms that are covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company.

VLVLY has been the subject of a number of recent analyst reports. UBS Group upgraded shares of AB Volvo (publ) from a "sell" rating to a "neutral" rating in a research report on Friday, October 25th. JPMorgan Chase & Co. upgraded shares of AB Volvo (publ) from a "neutral" rating to an "overweight" rating in a research report on Wednesday, November 27th. Citigroup upgraded shares of AB Volvo (publ) to a "hold" rating in a report on Friday, October 11th. Finally, Stifel Nicolaus upgraded shares of AB Volvo (publ) from a "hold" rating to a "buy" rating in a report on Monday, October 21st.

AB Volvo (publ) Trading Down 0.9 %

VLVLY stock traded down $0.23 during trading on Thursday, reaching $26.03. 97,338 shares of the stock were exchanged, compared to its average volume of 75,072. The company has a current ratio of 1.29, a quick ratio of 0.97 and a debt-to-equity ratio of 0.86. The business has a 50 day moving average price of $24.94 and a 200-day moving average price of $25.35. AB Volvo has a 1 year low of $23.27 and a 1 year high of $30.14. The firm has a market capitalization of $52.92 billion, a price-to-earnings ratio of 10.76 and a beta of 1.29.

AB Volvo (publ) Company Profile

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania. The company provides heavy-duty trucks for long-haulage and construction work and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and chassis under the Prevost and Volvo Bus brands.