Autoliv (NYSE:ALV)‘s stock had its “buy” rating reissued by equities research analysts at JPMorgan Chase & Co. in a report issued on Friday, Stock Target Advisor reports. They presently have a $234.00 price objective on the auto parts company’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 171.12% from the stock’s current price.

A number of other brokerages have also recently issued reports on ALV. Deutsche Bank reiterated a “buy” rating and set a $225.00 target price on shares of Autoliv in a report on Thursday, October 17th. Mizuho upgraded Autoliv from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $80.00 to $91.00 in a report on Tuesday, November 5th. Buckingham Research boosted their target price on Autoliv from $62.00 to $75.00 and gave the stock a “neutral” rating in a report on Monday, October 28th. Barclays reiterated a “buy” rating and set a $228.00 target price on shares of Autoliv in a report on Thursday, October 24th. Finally, ValuEngine upgraded Autoliv from a “sell” rating to a “hold” rating in a report on Tuesday, October 29th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $148.92.

Shares of NYSE:ALV traded up $0.36 during trading on Friday, reaching $86.31. 184,192 shares of the stock were exchanged, compared to its average volume of 613,501. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.94 and a current ratio of 1.26. Autoliv has a 12-month low of $61.07 and a 12-month high of $91.00. The firm has a market cap of $7.38 billion, a price-to-earnings ratio of 12.64, a price-to-earnings-growth ratio of 1.92 and a beta of 1.50. The firm’s 50-day moving average price is $79.35 and its 200 day moving average price is $72.65.

Autoliv (NYSE:ALV) last issued its earnings results on Friday, October 25th. The auto parts company reported $1.30 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.38 by ($0.08). Autoliv had a return on equity of 23.42% and a net margin of 2.51%. The firm had revenue of $2.03 billion for the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter in the previous year, the firm posted $1.35 EPS. The firm’s revenue for the quarter was down .2% compared to the same quarter last year. As a group, equities research analysts forecast that Autoliv will post 5.65 EPS for the current year.

A number of institutional investors have recently added to or reduced their stakes in ALV. Rockefeller Capital Management L.P. acquired a new position in Autoliv during the 2nd quarter worth approximately $30,000. Financial Gravity Wealth Inc. lifted its position in Autoliv by 495.4% during the 2nd quarter. Financial Gravity Wealth Inc. now owns 774 shares of the auto parts company’s stock worth $55,000 after acquiring an additional 644 shares in the last quarter. HM Payson & Co. acquired a new position in Autoliv during the 2nd quarter worth approximately $143,000. Mirova acquired a new position in Autoliv during the 2nd quarter worth approximately $160,000. Finally, NumerixS Investment Technologies Inc acquired a new position in Autoliv during the 2nd quarter worth approximately $176,000. 37.88% of the stock is currently owned by hedge funds and other institutional investors.

About Autoliv

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry. The company offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, battery cable cutters, pedestrian protection systems, and child seats.

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Analyst Recommendations for Autoliv (NYSE:ALV)

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