Autoliv, Inc. (NYSE:ALV)‘s stock had its “outperform” rating reissued by equities researchers at BMO Capital Markets in a research report issued on Wednesday. They currently have a $121.00 price target on the auto parts company’s stock. BMO Capital Markets’ price target indicates a potential upside of 10.18% from the stock’s previous close.

Several other research firms have also commented on ALV. Jefferies Group LLC upgraded shares of Autoliv from a “hold” rating to a “buy” rating and increased their price objective for the company from $108.00 to $119.00 in a research note on Tuesday, May 9th. BidaskClub lowered shares of Autoliv from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, June 21st. Royal Bank Of Canada reiterated a “hold” rating and issued a $98.00 price objective on shares of Autoliv in a research note on Thursday, July 6th. Bank of America Corporation decreased their price objective on shares of Autoliv from $85.00 to $84.00 and set a “neutral” rating for the company in a research note on Tuesday. Finally, CLSA initiated coverage on shares of Autoliv in a research note on Thursday, June 22nd. They issued a “hold” rating and a $102.00 price objective for the company. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the company’s stock. Autoliv has a consensus rating of “Hold” and an average price target of $105.75.

Shares of Autoliv (NYSE:ALV) opened at 109.82 on Wednesday. Autoliv has a 52-week low of $93.31 and a 52-week high of $117.54. The firm has a market cap of $9.54 billion, a P/E ratio of 17.35 and a beta of 1.14. The company has a 50 day moving average price of $112.25 and a 200-day moving average price of $107.00.

Autoliv (NYSE:ALV) last posted its earnings results on Friday, July 21st. The auto parts company reported $1.44 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.48 by $0.04. The business had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.57 billion. Autoliv had a return on equity of 13.96% and a net margin of 5.44%. The company’s revenue was down 1.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.75 EPS. On average, analysts expect that Autoliv will post $6.23 earnings per share for the current fiscal year.

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In other news, Director Robert W. Alspaugh sold 1,156 shares of Autoliv stock in a transaction on Friday, May 26th. The shares were sold at an average price of $109.87, for a total transaction of $127,009.72. Following the completion of the sale, the director now directly owns 3,800 shares of the company’s stock, valued at approximately $417,506. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Svante Mogefors sold 6,738 shares of Autoliv stock in a transaction on Thursday, May 11th. The stock was sold at an average price of $102.46, for a total transaction of $690,375.48. Following the sale, the vice president now directly owns 17,269 shares of the company’s stock, valued at $1,769,381.74. The disclosure for this sale can be found here. Insiders own 0.25% of the company’s stock.

Several hedge funds have recently bought and sold shares of ALV. Russell Investments Group Ltd. increased its stake in Autoliv by 56.2% in the second quarter. Russell Investments Group Ltd. now owns 16,800 shares of the auto parts company’s stock worth $1,845,000 after buying an additional 6,046 shares in the last quarter. Regentatlantic Capital LLC increased its stake in Autoliv by 3.7% in the second quarter. Regentatlantic Capital LLC now owns 3,446 shares of the auto parts company’s stock worth $378,000 after buying an additional 124 shares in the last quarter. Aperio Group LLC increased its stake in Autoliv by 1.4% in the second quarter. Aperio Group LLC now owns 14,212 shares of the auto parts company’s stock worth $1,560,000 after buying an additional 190 shares in the last quarter. Mn Services Vermogensbeheer B.V. increased its stake in Autoliv by 508.9% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 14,327 shares of the auto parts company’s stock worth $1,573,000 after buying an additional 11,974 shares in the last quarter. Finally, State of Alaska Department of Revenue increased its stake in Autoliv by 8.0% in the second quarter. State of Alaska Department of Revenue now owns 4,070 shares of the auto parts company’s stock worth $446,000 after buying an additional 300 shares in the last quarter. 32.17% of the stock is owned by institutional investors.

Autoliv Company Profile

Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.

Analyst Recommendations for Autoliv (NYSE:ALV)

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