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A Quick Look at Today's Ratings for Autoliv(ALV.US), With a Forecast Between $101 to $134

Futu News ·  Oct 21 21:00  · Ratings

On Oct 21, major Wall Street analysts update their ratings for $Autoliv (ALV.US)$, with price targets ranging from $101 to $134.

BofA Securities analyst Michael Jacks maintains with a buy rating, and maintains the target price at $134.

UBS analyst Juan Perez-Carrascosa maintains with a buy rating, and adjusts the target price from $136 to $122.

Wells Fargo analyst Colin Langan maintains with a hold rating, and maintains the target price at $101.

Baird analyst Luke Junk maintains with a hold rating, and adjusts the target price from $103 to $108.

Furthermore, according to the comprehensive report, the opinions of $Autoliv (ALV.US)$'s main analysts recently are as follows:

  • The firm observed that the shares of Autoliv are trading markedly higher following the 3Q24 results and guidance that essentially met expectations. The outcomes were assessed as less negative than anticipated, leading to a more stable trading scenario moving forward.

  • Autoliv's recent trade increase of approximately 6% occurred despite a minor shortfall attributed to a $14M settlement and a guidance reduction that was less concerning than anticipated. The guidance suggests a margin increase of 320 basis points quarter-over-quarter, influenced by factors such as volume changes, engineering, and foreign exchange among others. However, there remains a risk associated with the mix of local business in China.

Here are the latest investment ratings and price targets for $Autoliv (ALV.US)$ from 4 analysts:

StockTodayLatestRating_nn_201677_20241021_en

Note:

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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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