Trading Report: The Volvo AB (VOLVY) Rating Decreased to Sell at Goldman Sachs Group Inc.

The Volvo AB (VOLVY) Rating Decreased to Sell at Goldman Sachs Group Inc.

Goldman Sachs Group Inc. lowered shares of Volvo AB (OTCMKTS:VOLVY) from a neutral rating to a sell rating in a research note issued to investors on Tuesday morning.

Several other brokerages also recently issued reports on VOLVY. Piper Jaffray Cos. downgraded shares of Volvo AB from a neutral rating to an underweight rating in a research note on Friday, November 4th. Jefferies Group downgraded shares of Volvo AB from a buy rating to a hold rating in a research note on Tuesday, July 26th. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. Volvo AB has an average rating of Hold.

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