Autoliv (NYSE:ALV) PT Raised to $145.00 at Bank of America

Autoliv (NYSE:ALV) had its price objective raised by stock analysts at Bank of America from $135.00 to $145.00 in a note issued to investors on Monday, Benzinga reports. The firm presently has a “buy” rating on the auto parts company’s stock. Bank of America‘s target price suggests a potential upside of 21.06% from the company’s previous close.

ALV has been the subject of several other research reports. Barclays boosted their price objective on shares of 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 boosted their price objective on shares of Autoliv from $101.00 to $107.00 and gave the stock an “equal weight” rating in a research note on Monday, January 29th. Berenberg Bank upgraded shares of Autoliv from a “hold” rating to a “buy” rating and set a $120.00 price objective for the company in a research note on Friday, January 12th. JPMorgan Chase & Co. boosted their price objective on shares of Autoliv from $117.00 to $129.00 and gave the stock a “neutral” rating in a research note on Monday, April 22nd. Finally, Mizuho boosted their price objective on shares of Autoliv from $115.00 to $135.00 and gave the stock a “buy” rating in a research note on Monday, March 25th. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $125.90.

Autoliv Trading Down 1.2 %

NYSE:ALV opened at $119.78 on Monday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.82 and a current ratio of 1.10. The firm has a market cap of $9.76 billion, a P/E ratio of 18.69, a P/E/G ratio of 0.81 and a beta of 1.72. The firm has a 50-day simple moving average of $118.13 and a 200-day simple moving average of $108.45. Autoliv has a one year low of $79.66 and a one year high of $125.91.

Insider Activity

In other news, CEO Mikael Bratt sold 4,226 shares of the company’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $109.72, for a total value of $463,676.72. Following the sale, the chief executive officer now directly owns 17,547 shares of the company’s stock, valued at approximately $1,925,256.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO Mikael Bratt sold 4,226 shares of the company’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $109.72, for a total value of $463,676.72. Following the sale, the chief executive officer now directly owns 17,547 shares of the company’s stock, valued at approximately $1,925,256.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Colin Naughton sold 782 shares of the stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $110.68, for a total transaction of $86,551.76. Following the sale, the insider now directly owns 5,594 shares in the company, valued at $619,143.92. The disclosure for this sale can be found here. Insiders have sold 8,388 shares of company stock valued at $921,757 in the last ninety days. Insiders own 0.24% of the company’s stock.

Institutional Trading of Autoliv

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

About Autoliv

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.