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

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

A number of other research firms also recently weighed in on ALV. Robert W. Baird increased their price objective on Autoliv from $133.00 to $135.00 and gave the company a “neutral” rating in a report on Monday. StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a report on Saturday, January 20th. Mizuho increased their price objective on Autoliv from $115.00 to $135.00 and gave the company a “buy” rating in a report on Monday, March 25th. Barclays increased their price objective on Autoliv from $107.00 to $120.00 and gave the company an “equal weight” rating in a report on Thursday, April 11th. Finally, Berenberg Bank upgraded Autoliv from a “hold” rating to a “buy” rating and set a $120.00 price objective for the company in a report on Friday, January 12th. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $125.90.

Autoliv Stock Down 1.2 %

Shares of ALV opened at $119.78 on Monday. Autoliv has a 52 week low of $79.66 and a 52 week high of $125.91. The stock 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. 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 stock has a fifty day moving average of $118.13 and a 200-day moving average of $108.45.

Insider Transactions at Autoliv

In other news, VP Mikael Hagstrom sold 327 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $109.69, for a total transaction of $35,868.63. Following the transaction, the vice president now owns 327 shares of the company’s stock, valued at approximately $35,868.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, VP Mikael Hagstrom sold 327 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $109.69, for a total transaction of $35,868.63. Following the transaction, the vice president now owns 327 shares of the company’s stock, valued at approximately $35,868.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Mikael Bratt sold 4,226 shares of the stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $109.72, for a total transaction of $463,676.72. Following the transaction, the chief executive officer now directly owns 17,547 shares in the company, valued at approximately $1,925,256.84. 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 90 days. 0.24% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Autoliv

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

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.