Research Disclosures & Disclaimers

This website contains disclosures and disclaimers related to
published UBS Global Research products, including those related to
regulation, potential conflicts of interest as well as those provided
by third-party data providers describing limitations on use of their
products.

Volvo B (VOLVb.ST)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (SKr)	Price Target (SKr)	Rating
2022-04-04	173.22	180.00	Sell
2022-04-25	158.92	151.00	Sell
2022-07-25	176.72	162.00	Sell
2023-01-18	203.95	166.00	Sell
2023-04-17	212.25	177.00	Sell
2023-06-06	209.50	193.00	Sell
2023-08-08	227.15	213.00	Sell
2023-10-13	227.35	216.00	Sell
2024-01-25	250.95	235.00	Sell
2024-02-06	257.80	240.00	Sell
2024-04-15	287.00	263.00	Sell
2024-10-25	277.20	274.00	Neutral
2025-01-30	313.30	302.00	Neutral
2025-02-26	342.30	370.00	Buy
2025-04-25	263.60	344.00	Buy
2025-06-24	261.60	346.00	Buy

Disclosures

UBS holds a long or short position of 0.5% or more of the listed shares of this company.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.