Autoliv (NYSE:ALV) had its price objective boosted by analysts at BMO Capital Markets from $152.00 to $175.00 in a report released on Monday. The brokerage currently has an “outperform” rating on the auto parts company’s stock. BMO Capital Markets’ price target suggests a potential upside of 23.47% from the stock’s previous close.
Other equities analysts also recently issued reports about the company. Pareto Securities raised Autoliv from a “hold” rating to a “buy” rating in a report on Friday, October 27th. Jefferies Group set a $145.00 price target on Autoliv and gave the company a “buy” rating in a report on Thursday, October 26th. Zacks Investment Research raised Autoliv from a “hold” rating to a “buy” rating and set a $142.00 price target for the company in a report on Tuesday, October 17th. Longbow Research started coverage on Autoliv in a report on Friday, January 5th. They issued a “buy” rating and a $155.00 price target for the company. Finally, ValuEngine raised Autoliv from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Four analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the stock. Autoliv has a consensus rating of “Hold” and a consensus price target of $125.25.
Shares of Autoliv (NYSE:ALV) traded up $1.21 on Monday, reaching $141.74. The company had a trading volume of 447,232 shares, compared to its average volume of 677,770. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.55 and a quick ratio of 1.23. The firm has a market capitalization of $12,226.11, a P/E ratio of 29.22, a price-to-earnings-growth ratio of 2.08 and a beta of 1.32. Autoliv has a 52-week low of $96.08 and a 52-week high of $152.57.
In other news, insider Johan Lofvenholm sold 3,965 shares of the stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $128.00, for a total value of $507,520.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.25% of the stock is currently owned by corporate insiders.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Toronto Dominion Bank lifted its holdings in shares of Autoliv by 11.7% during the second quarter. Toronto Dominion Bank now owns 1,085 shares of the auto parts company’s stock worth $119,000 after purchasing an additional 114 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Autoliv during the fourth quarter worth $152,000. Teachers Advisors LLC lifted its holdings in shares of Autoliv by 288.3% during the second quarter. Teachers Advisors LLC now owns 1,425 shares of the auto parts company’s stock worth $156,000 after purchasing an additional 1,058 shares during the period. ARP Americas LLC acquired a new stake in shares of Autoliv during the third quarter worth $235,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Autoliv by 9.8% during the second quarter. JPMorgan Chase & Co. now owns 1,920 shares of the auto parts company’s stock worth $210,000 after purchasing an additional 171 shares during the period. 33.49% of the stock is owned by hedge funds and other institutional investors.
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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.
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