Piper Jaffray Companies Analysts Give Autoliv (ALV) a $124.00 Price Target

Piper Jaffray Companies set a $124.00 target price on Autoliv (NYSE:ALV) in a research report released on Friday. The firm currently has a hold rating on the auto parts company’s stock.

A number of other research firms also recently issued reports on ALV. Royal Bank Of Canada restated a hold rating and issued a $100.00 price target on shares of Autoliv in a research report on Tuesday, August 29th. Deutsche Bank restated a hold rating and issued a $120.00 price target (up from $101.00) on shares of Autoliv in a research report on Thursday, September 14th. ValuEngine upgraded shares of Autoliv from a hold rating to a buy rating in a research report on Friday, September 15th. Citigroup raised their price target on shares of Autoliv from $105.00 to $129.00 and gave the stock a neutral rating in a research report on Friday, September 15th. Finally, Mizuho raised their price target on shares of Autoliv from $130.00 to $140.00 and gave the stock a buy rating in a research report on Friday, September 15th. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have assigned a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of $110.48.

Autoliv (NYSE:ALV) opened at $128.65 on Friday. Autoliv has a 52 week low of $96.08 and a 52 week high of $129.84. The company has a current ratio of 1.55, a quick ratio of 1.23 and a debt-to-equity ratio of 0.31. The company has a market cap of $11,190.00, a price-to-earnings ratio of 20.52, a price-to-earnings-growth ratio of 2.50 and a beta of 1.10.

Autoliv (NYSE:ALV) last posted its quarterly earnings data on Thursday, October 26th. The auto parts company reported $1.47 EPS for the quarter, beating the Zacks’ consensus estimate of $1.33 by $0.14. Autoliv had a net margin of 4.96% and a return on equity of 13.42%. The firm had revenue of $2.50 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same period in the prior year, the firm posted $1.63 EPS. The firm’s revenue was up 1.6% compared to the same quarter last year. equities research analysts predict that Autoliv will post 6.28 earnings per share for the current fiscal year.

In other Autoliv news, insider Johan Lofvenholm sold 3,965 shares of the firm’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 legal filing with the SEC, which is accessible through this hyperlink. 0.25% of the stock is currently owned by company insiders.

Institutional investors have recently added to or reduced their stakes in the business. Toronto Dominion Bank increased its stake in Autoliv by 11.7% during the 2nd quarter. Toronto Dominion Bank now owns 1,085 shares of the auto parts company’s stock valued at $119,000 after buying an additional 114 shares during the period. Victory Capital Management Inc. increased its stake in Autoliv by 43.9% during the 2nd quarter. Victory Capital Management Inc. now owns 1,356 shares of the auto parts company’s stock valued at $149,000 after buying an additional 414 shares during the period. Teachers Advisors LLC increased its stake in Autoliv by 288.3% during the 2nd quarter. Teachers Advisors LLC now owns 1,425 shares of the auto parts company’s stock valued at $156,000 after buying an additional 1,058 shares during the period. ARP Americas LLC acquired a new position in Autoliv during the 3rd quarter valued at about $235,000. Finally, JPMorgan Chase & Co. increased its stake in Autoliv by 9.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,920 shares of the auto parts company’s stock valued at $210,000 after buying an additional 171 shares during the period. 33.54% of the stock is currently owned by hedge funds and other institutional investors.

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About Autoliv

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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