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UBS has maintained a "Neutral" rating for Volvo B, setting a target price of 274 Swedish kronor. Analyst Hemal Bhundia noted that the company"s goal of achieving a 25% market share in North America is ambitious and will require significant effort to realize.
UBS has maintained a "Neutral" rating for Volvo B, setting a target price of 274 Swedish kronor. Analyst Hemal Bhundia noted that the company"s goal of achieving a 25% market share in North America is ambitious and will require significant effort to realize. In 2023, Volvo, a leading European truck manufacturer, reported net sales primarily from truck sales (66.3%), with a geographical breakdown showing 42.8% from Europe and 29.8% from North America.
UBS has maintained a "Neutral" rating for Volvo B, setting a target price of 274 Swedish kronor. Analyst Hemal Bhundia noted that the company"s goal of achieving a 25% market share in North America is ambitious and will require significant effort to realize.
UBS has upgraded Volvo B from "Sell" to "Neutral," increasing its price target from 263 to 274 Swedish kronor. Analyst Hemal Bhundia noted that the truck manufacturer's outlook for 2025 alleviates initial concerns about a downturn, with expectations of recovery in Europe and North America by the second half of 2025.
UBS has upgraded Volvo B from "Sell" to "Neutral," increasing its price target from 263 to 274 Swedish kronor. Analyst Hemal Bhundia noted that the truck manufacturer's outlook for 2025 alleviates initial concerns about a downturn, with expectations for recovery in Europe and North America by late 2025.
UBS has upgraded Volvo B from "Sell" to "Neutral," increasing its price target from 263 to 274 Swedish kronor. Analyst Hemal Bhundia noted that the truck manufacturer's outlook for 2025 alleviates initial concerns about a downturn, with expectations of recovery in Europe and North America by the second half of 2025.
UBS has maintained a 'Sell' rating for Volvo B, setting a target price of 263 Swedish kronor following disappointing third-quarter results. Analyst Hemal Bhundia noted that the company's performance fell short of expectations across the board.
UBS has maintained a "Sell" rating for Volvo B, setting a target price of 263 Swedish kronor following disappointing third-quarter results that fell short of expectations. Analyst Hemal Bhundia highlighted the overall underperformance in a report released on October 18, 2024.
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