In a report released yesterday, Dan Levy from Barclays maintained a Hold rating on Autoliv (ALV – Research Report), with a price target of $107.00. The company’s shares closed yesterday at $108.21.
According to TipRanks, Levy is a 3-star analyst with an average return of 2.3% and a 44.72% success rate. Levy covers the Consumer Cyclical sector, focusing on stocks such as General Motors, Ford Motor, and Tesla.
Currently, the analyst consensus on Autoliv is a Moderate Buy with an average price target of $116.27, representing a 7.45% upside. In a report released yesterday, J.P. Morgan also maintained a Hold rating on the stock with a $117.00 price target.
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Based on Autoliv’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.6 billion and a net profit of $134 million. In comparison, last year the company earned a revenue of $2.3 billion and had a net profit of $105 million
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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.
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