Autoliv (NYSE:ALV) PT Raised to $135.00

Autoliv (NYSE:ALV) had its price objective boosted by analysts at Robert W. Baird from $133.00 to $135.00 in a research note issued on Monday, Benzinga reports. The brokerage currently has a “neutral” rating on the auto parts company’s stock. Robert W. Baird’s target price would indicate a potential upside of 12.71% from the company’s previous close.

Several other research analysts have also recently commented on the company. Barclays boosted their price target on Autoliv from $107.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 11th. Wells Fargo & Company upped their price objective on Autoliv from $101.00 to $107.00 and gave the company an “equal weight” rating in a research note on Monday, January 29th. StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a research note on Saturday, January 20th. Mizuho upped their price objective on Autoliv from $115.00 to $135.00 and gave the company a “buy” rating in a research note on Monday, March 25th. Finally, JPMorgan Chase & Co. upped their price objective on Autoliv from $117.00 to $129.00 and gave the company a “neutral” rating in a research note on Monday, April 22nd. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Autoliv has an average rating of “Hold” and an average price target of $125.90.

Autoliv Price Performance

Shares of NYSE ALV opened at $119.78 on Monday. Autoliv has a 1-year low of $79.66 and a 1-year high of $125.91. The business has a 50-day moving average of $118.13 and a 200-day moving average of $108.45. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.10 and a quick ratio of 0.82. The company has a market capitalization of $9.76 billion, a price-to-earnings ratio of 18.69, a PEG ratio of 0.81 and a beta of 1.72.

Insider Buying and Selling

In related news, CEO Mikael Bratt sold 4,226 shares of the stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $109.72, for a total value of $463,676.72. Following the completion of the transaction, the chief executive officer now directly owns 17,547 shares of the company’s stock, valued at approximately $1,925,256.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CFO Fredrik Westin sold 1,318 shares of the stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $109.93, for a total value of $144,887.74. Following the completion of the transaction, the chief financial officer now directly owns 5,458 shares of the company’s stock, valued at approximately $599,997.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Mikael Bratt sold 4,226 shares of the stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $109.72, for a total value of $463,676.72. Following the completion of the transaction, the chief executive officer now directly owns 17,547 shares of the company’s stock, valued at $1,925,256.84. The disclosure for this sale can be found here. Insiders sold 8,388 shares of company stock valued at $921,757 in the last three months. 0.24% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Autoliv

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. bought a new position in Autoliv during the 4th quarter valued at $27,000. Rise Advisors LLC boosted its stake in Autoliv by 84.1% during the 4th quarter. Rise Advisors LLC now owns 267 shares of the auto parts company’s stock valued at $29,000 after purchasing an additional 122 shares in the last quarter. Register Financial Advisors LLC bought a new position in Autoliv during the 1st quarter valued at $36,000. Parallel Advisors LLC boosted its stake in Autoliv by 83.8% during the 4th quarter. Parallel Advisors LLC now owns 489 shares of the auto parts company’s stock valued at $54,000 after purchasing an additional 223 shares in the last quarter. Finally, TFO Wealth Partners LLC boosted its stake in Autoliv by 15,425.0% during the 4th quarter. TFO Wealth Partners LLC now owns 621 shares of the auto parts company’s stock valued at $68,000 after purchasing an additional 617 shares in the last quarter. 69.57% of the stock is owned by institutional investors.

Autoliv Company Profile

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, and inflator technologies.