Autoliv (NYSE:ALV) : 1 brokerage houses believe that Autoliv (NYSE:ALV) is a Strong Buy at current levels. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Autoliv (NYSE:ALV). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 3 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 10 Wall Street Analysts endorse the stock as a Hold with a rating of 3.5.
Autoliv (NYSE:ALV) : 8 Wall Street analysts covering Autoliv (NYSE:ALV) believe that the average level the stock could reach for the short term is $106.63. The maximum price target given is $135 and the minimum target for short term is around $89, hence the standard deviation is calculated at $16.19.
Company shares have received an average consensus rating of Hold for the current week
Autoliv (NYSE:ALV): stock turned positive on Tuesday. Though the stock opened at $109.47, the bulls momentum made the stock top out at $110.22 level for the day. The stock recorded a low of $107.91 and closed the trading day at $110.13, in the green by 2.48%. The total traded volume for the day was 736,950. The stock had closed at $107.46 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Autoliv Inc, Alspaugh Robert W had sold 647 shares worth of $72,600 in a transaction dated March 9, 2016. In this transaction, 647 shares were sold at $112.21 per share.
Autoliv, Inc. is a developer, manufacturer and supplier of automotive safety systems to the automotive industry. The Companys range of product offerings includes passive safety systems and active safety systems. Passive safety systems are primarily meant to improve vehicle safety, and include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, passive safety electronics, whiplash protection systems and child seats, and components for such systems. Active safety systems are designed to make driving easier and more comfortable and to intervene before a collision in order to make accidents avoidable or reduce the impact. Active safety products include automotive radars, night driving assist, camera-based vision systems, brake controls and other active safety systems. It has approximately 80 production facilities located in around 27 countries, consisting of both component factories and assembly factories.