UBS has given Volvo B shares a "Neutral" rating and set a target price of 274 Swedish kronor. Analyst Hemal Bhundia noted Volvo"s goal of capturing a 25 percent market share in North America and the effort required to achieve it.
Volvo B shares were priced at €23.08 in the latest trading session, reflecting a 1.28 percent decline. The stock has seen fluctuations, reaching a high of €23.38 the previous day. Volvo B shares are listed on various exchanges, including Tradegate and Nasdaq OTC.
Investors are closely watching Volvo"s strategic moves in the commercial vehicle sector, particularly in the competitive North American market, as the company aims to strengthen its market presence.