Autoliv Price Target Increased to $108.00 by Analysts at Societe Generale (ALV)
Equities research analysts at Societe Generale hoisted their price target on shares of Autoliv (NYSE:ALV) from $95.00 to $108.00 in a research note issued to investors on Monday, American Banking News.com reports. Societe Generale’s target price indicates a potential upside of 5.06% from the stock’s previous close.
In other Autoliv news, CFO Mats Wallin unloaded 15,756 shares of the stock in a transaction dated Wednesday, April 30th. The stock was sold at an average price of $101.18, for a total transaction of $1,594,192.08. Following the completion of the sale, the chief financial officer now directly owns 5,508 shares of the company’s stock, valued at approximately $557,299. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Autoliv (NYSE:ALV) traded up 0.09% during mid-day trading on Monday, hitting $102.80. The stock had a trading volume of 258,313 shares. Autoliv has a 1-year low of $71.34 and a 1-year high of $104.07. The stock’s 50-day moving average is $100.5 and its 200-day moving average is $94.00. The company has a market cap of $9.632 billion and a price-to-earnings ratio of 19.91.
Autoliv (NYSE:ALV) last issued its quarterly earnings data on Friday, April 25th. The company reported $1.43 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.43. The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter last year, the company posted $1.29 earnings per share. Autoliv’s revenue was up 7.5% compared to the same quarter last year. On average, analysts predict that Autoliv will post $6.31 earnings per share for the current fiscal year.
A number of other firms have also recently commented on ALV. Analysts at Zacks reiterated a “neutral” rating on shares of Autoliv in a research note on Monday, April 28th. They now have a $106.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Autoliv in a research note on Tuesday, April 22nd. They now have a $110.00 price target on the stock. Finally, analysts at RBC Capital raised their price target on shares of Autoliv from $106.00 to $107.00 in a research note on Tuesday, April 15th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $96.15.
Autoliv, Inc (NYSE:ALV) is a holding company.
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