Barclays Increases Autoliv (NYSE:ALV) Price Target to $125.00

Autoliv (NYSE:ALV) had its target price upped by equities research analysts at Barclays from $120.00 to $125.00 in a report issued on Monday, Benzinga reports. The firm presently has an “equal weight” rating on the auto parts company’s stock. Barclays‘s price target would indicate a potential upside of 4.36% from the stock’s previous close.

A number of other brokerages also recently weighed in on ALV. Mizuho boosted their price objective on shares of Autoliv from $115.00 to $135.00 and gave the company a “buy” rating in a research report on Monday, March 25th. Robert W. Baird boosted their price objective on shares of Autoliv from $133.00 to $135.00 and gave the company a “neutral” rating in a research report on Monday. Wolfe Research downgraded shares of Autoliv from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 4th. JPMorgan Chase & Co. boosted their price objective on shares of Autoliv from $117.00 to $129.00 and gave the company a “neutral” rating in a research report on Monday, April 22nd. Finally, Berenberg Bank raised shares of Autoliv from a “hold” rating to a “buy” rating and set a $120.00 target price for the company in a research note on Friday, January 12th. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently 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. The company has a quick ratio of 0.82, a current ratio of 1.10 and a debt-to-equity ratio of 0.75. Autoliv has a fifty-two week low of $79.66 and a fifty-two week high of $125.91. The firm has a 50-day simple moving average of $118.13 and a 200 day simple moving average of $108.45. The company has a market cap of $9.76 billion, a PE ratio of 18.69, a P/E/G ratio of 0.81 and a beta of 1.72.

Insider Transactions at Autoliv

In other news, EVP Anthony J. Nellis sold 760 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $110.00, for a total value of $83,600.00. Following the completion of the sale, the executive vice president now directly owns 4,859 shares of the company’s stock, valued at approximately $534,490. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, EVP Anthony J. Nellis sold 760 shares of the stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $110.00, for a total transaction of $83,600.00. Following the completion of the sale, the executive vice president now directly owns 4,859 shares of the company’s stock, valued at $534,490. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Mikael Bratt sold 4,226 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $109.72, for a total transaction of $463,676.72. Following the sale, 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. In the last three months, insiders sold 8,388 shares of company stock valued at $921,757. Company insiders own 0.24% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Van ECK Associates Corp increased its stake in Autoliv by 36.5% in the 1st quarter. Van ECK Associates Corp now owns 29,185 shares of the auto parts company’s stock valued at $3,515,000 after buying an additional 7,806 shares during the period. Principal Financial Group Inc. increased its stake in Autoliv by 1.0% in the 1st quarter. Principal Financial Group Inc. now owns 317,923 shares of the auto parts company’s stock valued at $38,287,000 after buying an additional 3,002 shares during the period. Benjamin F. Edwards & Company Inc. increased its stake in Autoliv by 244.4% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 837 shares of the auto parts company’s stock valued at $101,000 after buying an additional 594 shares during the period. XY Capital Ltd increased its stake in Autoliv by 36.9% in the 1st quarter. XY Capital Ltd now owns 5,704 shares of the auto parts company’s stock valued at $687,000 after buying an additional 1,537 shares during the period. Finally, New York State Teachers Retirement System increased its stake in Autoliv by 22.2% in the 1st quarter. New York State Teachers Retirement System now owns 37,163 shares of the auto parts company’s stock valued at $4,476,000 after buying an additional 6,745 shares during the period. Institutional investors and hedge funds 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.