Autoliv (NYSE:ALV) Stock Price Expected to Rise, UBS Group Analyst Says

Autoliv (NYSE:ALV - Get Free Report) had its price objective boosted by equities research analysts at UBS Group from $103.00 to $123.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has a "buy" rating on the auto parts company's stock. UBS Group's price target points to a potential upside of 16.82% from the stock's current price.

Other analysts have also issued reports about the stock. Barclays increased their price target on shares of Autoliv from $97.00 to $105.00 and gave the company an "overweight" rating in a research report on Monday, April 21st. BNP Paribas upgraded shares of Autoliv from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 9th. Hsbc Global Res lowered shares of Autoliv from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 4th. Mizuho raised their target price on shares of Autoliv from $95.00 to $112.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Finally, Robert W. Baird cut their price target on shares of Autoliv from $105.00 to $90.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 15th. Six analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Autoliv has an average rating of "Moderate Buy" and an average target price of $114.00.

Autoliv Stock Performance

Shares of NYSE:ALV traded up $1.26 on Wednesday, reaching $105.29. The company's stock had a trading volume of 258,751 shares, compared to its average volume of 819,401. The stock's 50-day moving average is $91.47 and its two-hundred day moving average is $94.54. Autoliv has a 52-week low of $75.49 and a 52-week high of $129.38. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71. The stock has a market capitalization of $8.14 billion, a P/E ratio of 13.05, a PEG ratio of 0.73 and a beta of 1.36.

Autoliv (NYSE:ALV - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.72 by $0.43. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. The firm had revenue of $2.58 billion during the quarter, compared to analysts' expectations of $2.50 billion. During the same period in the prior year, the company posted $1.58 earnings per share. As a group, sell-side analysts forecast that Autoliv will post 9.51 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Lancaster Investment Management raised its stake in shares of Autoliv by 17.7% in the fourth quarter. Lancaster Investment Management now owns 568,821 shares of the auto parts company's stock valued at $53,350,000 after acquiring an additional 85,732 shares during the last quarter. ABC Arbitrage SA bought a new position in Autoliv in the 4th quarter worth approximately $394,000. Barclays PLC raised its position in Autoliv by 41.5% in the 3rd quarter. Barclays PLC now owns 30,216 shares of the auto parts company's stock worth $2,821,000 after purchasing an additional 8,859 shares during the last quarter. Callan Family Office LLC bought a new position in Autoliv in the 4th quarter worth approximately $326,000. Finally, Raymond James Financial Inc. bought a new position in Autoliv in the 4th quarter worth approximately $3,815,000. Institutional investors own 69.57% of the company's stock.

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.

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