AB Volvo (publ) (OTCMKTS:VLVLY) Given Average Recommendation of “Moderate Buy” by Brokerages

AB Volvo (publ) (OTCMKTS:VLVLY) has earned a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

A number of equities research analysts recently commented on the stock. UBS Group raised shares of AB Volvo (publ) from a “sell” rating to a “neutral” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. upgraded AB Volvo (publ) from a “neutral” rating to an “overweight” rating in a report on Wednesday, November 27th. Finally, Stifel Nicolaus upgraded AB Volvo (publ) from a “hold” rating to a “buy” rating in a research report on Monday, October 21st.

AB Volvo (publ) Trading Up 1.3 %

OTCMKTS VLVLY opened at $30.45 on Monday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.29 and a quick ratio of 0.97. AB Volvo has a 12 month low of $23.27 and a 12 month high of $30.58. The company has a market capitalization of $61.90 billion, a price-to-earnings ratio of 12.96 and a beta of 1.31. The firm’s fifty day moving average price is $26.03 and its 200 day moving average price is $25.65.

AB Volvo (publ) (OTCMKTS:VLVLY) last posted its quarterly earnings data on Wednesday, January 29th. The company reported $0.49 EPS for the quarter. AB Volvo (publ) had a return on equity of 28.80% and a net margin of 9.57%. On average, sell-side analysts expect that AB Volvo will post 2.38 earnings per share for the current fiscal year.

About AB Volvo (publ)

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.