Autoliv (NYSE:ALV) Price Target Increased to $135.00 by Analysts at Robert W. Baird

Autoliv (NYSE:ALV) had its target price increased by research analysts at Robert W. Baird from $133.00 to $135.00 in a research report issued on Monday, Benzinga reports. The brokerage currently has a “neutral” rating on the auto parts company’s stock. Robert W. Baird’s price target suggests a potential upside of 12.71% from the stock’s previous close.

ALV has been the subject of a number of other research reports. Barclays upped their price objective on shares of Autoliv from $107.00 to $120.00 and gave the company an “equal weight” rating in a research note on Thursday, April 11th. Berenberg Bank raised shares of Autoliv from a “hold” rating to a “buy” rating and set a $120.00 price target for the company in a research report on Friday, January 12th. StockNews.com raised shares of Autoliv from a “hold” rating to a “buy” rating in a research report on Saturday, January 20th. Wolfe Research cut shares of Autoliv from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 4th. Finally, Mizuho increased their price target 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. 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, the company has a consensus rating of “Hold” and a consensus price target of $125.90.

Autoliv Price Performance

Shares of NYSE:ALV opened at $119.78 on Monday. The company’s fifty day moving average price is $118.13 and its 200-day moving average price is $108.45. The firm 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. Autoliv has a one year low of $79.66 and a one year high of $125.91. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.10 and a quick ratio of 0.82.

Insider Buying and Selling at Autoliv

In other news, VP Mikael Hagstrom sold 327 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $109.69, for a total value of $35,868.63. Following the sale, the vice president now directly owns 327 shares in the company, valued at approximately $35,868.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, VP Mikael Hagstrom sold 327 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $109.69, for a total value of $35,868.63. Following the completion of the transaction, the vice president now directly owns 327 shares of the company’s stock, valued at approximately $35,868.63. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Colin Naughton sold 782 shares of the stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $110.68, for a total transaction of $86,551.76. Following the completion of the transaction, the insider now directly owns 5,594 shares of the company’s stock, valued at $619,143.92. The disclosure for this sale can be found here. Insiders have sold 8,388 shares of company stock worth $921,757 over the last quarter. Insiders own 0.24% of the company’s stock.

Hedge Funds Weigh In On Autoliv

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