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A number of firms have modified their ratings and price targets on shares of Autoliv (NYSE: ALV) recently:

  • Autoliv had its price target raised by analysts at Barclays from $82.00 to $95.00. They now have an “underweight” rating on the stock.
  • Autoliv had its “neutral” rating reaffirmed by analysts at Zacks. They now have a $111.00 price target on the stock. Zacks‘ analyst wrote, “Autoliv’s earnings per share improved 8.3% to $1.43 in the first quarter, beating the Zacks Consensus Estimate of $1.42. Revenues increased 7.5% to $2.3 billion, in line with the Zacks Consensus Estimate. Autoliv expects organic sales growth of about 5% and operating margin of around 9% in 2014. Although the company benefits from a strong balance sheet and innovative products, there are concerns stemming from stiff competition and high dependence on a few customers. Moreover, the low vehicle production expectation in Europe and Brazil could weigh on the company’s performance. As a result, we are maintaining a Neutral recommendation on Autoliv.”
  • Autoliv had its price target lowered by analysts at Robert W. Baird from $113.00 to $109.00.
  • Autoliv had its price target lowered by analysts at Deutsche Bank from $91.00 to $90.00. They now have a “hold” rating on the stock.
  • Autoliv had its price target raised by analysts at Buckingham Research from $72.00 to $79.00. They now have an “underperform” rating on the stock.

Autoliv Inc. (NYSE:ALV) opened at 101.95 on Tuesday. Autoliv Inc. has a 1-year low of $79.87 and a 1-year high of $108.15. The stock has a 50-day moving average of $106.1 and a 200-day moving average of $99.5. The company has a market cap of $9.465 billion and a price-to-earnings ratio of 22.47.

Autoliv, Inc (NYSE:ALV) is a holding company.

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