JPMORGAN rates Volvo B to ‘Neutral’

NEW YORK (dpa-AFX Analyzer) – American bank JPMorgan raised the price target for the Volvo B from 250 to 290 Swedish crowns ahead of the first quarter figures, but left the rating at “neutral”. Analyst Jose Asumendi expects the commercial vehicle manufacturer to have a good start to the year. Volvo continues its good performance last year, according to an expert in a study available on Monday./bek/mis

Original research publication: April 8, 2024 / 08:31 / BST
First transmission of original research: April 8, 2024 / 08:31 / BST

Note: Information on the obligation to provide information in the event of conflicts of interest within the meaning of Section 85 Para 1 WpHG, Art 20 Regulation (EU) 596/2014 for the said analyst company can be found.

Volvo Registered (B) shares are trading at an increase of +1,11 % with a rate of 25.52EUR sold on Tradegate (April 8, 2024, 9:23 am).