Understanding Volvo Stock Ticker Symbol and Valuation

Volvo's stock ticker symbol is VLVLY. This is the unique code assigned to the company's shares on the OTC market.

The Volvo Group is a publicly traded company, listed on the Stockholm Stock Exchange under the ticker symbol VOLV B. This means that shares of the company can be bought and sold on the exchange.

Volvo's market capitalization is around $50 billion, making it one of the largest companies in the world. The company's valuation is a key factor in determining the value of its shares.

Volvo's stock price is influenced by various market and economic factors, including the overall health of the automotive industry. The company's financial performance, including revenue and profit growth, also plays a significant role in determining its stock price.

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The latest news from Volvo is that the company has announced plans to electrify its entire lineup by 2030.

This move is a significant step towards reducing the company's carbon footprint and meeting the growing demand for electric vehicles.

Additional reading: Stock Symbol B

Volvo is investing heavily in electric vehicle technology, with a focus on developing more efficient and sustainable batteries.

The company's XC90 SUV is already available with a plug-in hybrid option, and Volvo plans to offer more electric options in the coming years.

Volvo's parent company, Geely, has also announced plans to invest in electric vehicle technology, further solidifying the company's commitment to sustainability.

As a result of these efforts, Volvo's stock price has seen a significant increase in recent months.

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Analysts' recommendations for AB Volvo are varied, but most expect a slow year for engineering companies with gradual demand increase.

SHB forecasts a slow year, while RBC remains neutral on the stock. RBC has even raised its target price for Volvo to SEK 307.

Analysts' target prices for Volvo have been adjusted upwards in recent weeks, with Citigroup raising its target price to SEK 305. This is a result of recent reports and updates from the company.

Analysts have been weighing in on Volvo's performance, with some offering cautious optimism. SHB expects a slow year for engineering companies, but gradual increase in demand.

RBC has maintained a neutral stance on Volvo, with a recent report reiterating this view. In fact, RBC remains neutral on Volvo, as seen in their February 7 report.

A target price increase has also been noted, with RBC raising their target price for Volvo to SEK 307 (294) on February 7. This is in line with their sector perform recommendation.

Citigroup has also chimed in, raising their target price for Volvo to SEK 305 (292) on February 4, while reiterating their neutral stance.

Here's a summary of the analysts' recommendations:

AB Volvo's valuation has fluctuated significantly over the years, with its capitalization ranging from 49.42B to 97.96B.

The company's P/E ratio has also changed, standing at 10.8x in 2024 and projected to rise to 13.3x in 2025.

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Enterprise value has similarly varied, from 43.83B to 86.88B.

Free-Float stands at 84.96%, giving investors a clear picture of the company's publicly traded shares.

The yield for 2024 is projected to be 5.63%, while 2025's yield is expected to be 5.75%.

Here's a breakdown of AB Volvo's valuation metrics over the years:

The range of enterprise value has been substantial, from 4,789B to 221B, providing a comprehensive view of the company's valuation.

EV/Sales has also fluctuated, standing at 0.91x in 2024 and projected to rise to 1.1x in 2025.

The Volvo EX90 is a game-changer in the world of electric SUVs. It's the most connected and safe car Volvo has ever made, according to the review. The EX90 is a luxurious tech-heavy ride that's packed with features. It's clear that Volvo has put a lot of thought into making this car a leader in its class. The EX90 is a flagship model for the Swedish brand, and it shows.