Berenberg Bank analyst Romain Gourvil maintained a Buy rating on Autoliv (ALV – Research Report) yesterday and set a price target of $139.00. The company’s shares closed yesterday at $123.96.
Gourvil covers the Consumer Cyclical sector, focusing on stocks such as Autoliv, Mercedes-Benz Group, and Stellantis. According to TipRanks, Gourvil has an average return of 0.7% and a 47.22% success rate on recommended stocks.
Currently, the analyst consensus on Autoliv is a Moderate Buy with an average price target of $132.33, which is a 6.75% upside from current levels. In a report released on April 29, Bank of America Securities also reiterated a Buy rating on the stock with a $145.00 price target.
ALV market cap is currently $10.08B and has a P/E ratio of 19.28.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is neutral on the stock.
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Autoliv (ALV) Company Description:
Autoliv, Inc. engages in the development, manufacture, and supply of automotive safety systems. It operates through the Passive Safety and Electronics segment. The Passive Safety segment includes airbags, seatbelts, steering wheels, and restrain electronics. The Electronics segment comprises of restraint control systems, brake control systems and active safety. The company was founded by Lennart Lindblad in 1953 and is headquartered in Stockholm, Sweden.
