Autoliv (NYSE:ALV) had its target price upped by stock analysts at Mizuho from $140.00 to $160.00 in a research note issued to investors on Tuesday. The firm presently has a “buy” rating on the auto parts company’s stock. Mizuho’s target price points to a potential upside of 7.23% from the stock’s previous close.
Several other analysts have also issued reports on the stock. Cowen reiterated a “hold” rating and issued a $139.00 target price on shares of Autoliv in a research report on Friday, January 19th. Guggenheim reiterated a “hold” rating and issued a $135.00 target price on shares of Autoliv in a research report on Wednesday, January 10th. Robert W. Baird reiterated a “hold” rating and issued a $137.00 target price on shares of Autoliv in a research report on Tuesday, January 9th. Longbow Research began coverage on shares of Autoliv in a research report on Friday, January 5th. They issued a “buy” rating and a $155.00 target price on the stock. Finally, ValuEngine upgraded shares of Autoliv from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $116.98.
Autoliv (ALV) traded up $10.89 on Tuesday, reaching $149.21. 2,507,753 shares of the company’s stock were exchanged, compared to its average volume of 555,160. Autoliv has a one year low of $96.08 and a one year high of $150.40. The company has a quick ratio of 1.23, a current ratio of 1.55 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $11,956.06, a PE ratio of 25.74, a price-to-earnings-growth ratio of 2.37 and a beta of 1.11.
In related news, insider Johan Lofvenholm sold 3,965 shares of the business’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $128.00, for a total transaction of $507,520.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.25% of the company’s stock.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Toronto Dominion Bank boosted its position in 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 acquiring an additional 114 shares during the last quarter. SG Americas Securities LLC acquired a new position in Autoliv in the 4th quarter valued at about $152,000. Teachers Advisors LLC boosted its holdings in Autoliv by 288.3% in the 2nd quarter. Teachers Advisors LLC now owns 1,425 shares of the auto parts company’s stock valued at $156,000 after purchasing an additional 1,058 shares during the last quarter. ARP Americas LLC acquired a new position in Autoliv in the 3rd quarter valued at about $235,000. Finally, JPMorgan Chase & Co. boosted its holdings in Autoliv by 9.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,920 shares of the auto parts company’s stock valued at $210,000 after purchasing an additional 171 shares during the last quarter. Hedge funds and other institutional investors own 33.56% of the company’s stock.
ILLEGAL ACTIVITY WARNING: “Autoliv (ALV) Given New $160.00 Price Target at Mizuho” was posted by American Banking and Market News and is the sole property of of American Banking and Market News. If you are accessing this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be accessed at https://www.americanbankingnews.com/2018/01/30/autoliv-alv-given-new-160-00-price-target-at-mizuho.html.
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.
