Jefferies Thinks Autoliv’s Stock is Going to Recover


In a report released today, Ashik Kurian from Jefferies reiterated a Buy rating on Autoliv (NYSE: ALV), with a price target of $100. The company’s shares opened today at $81.26, close to its 52-week low of $80.85.

According to TipRanks.com, Kurian is ranked #4501 out of 4886 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Autoliv with a $108.30 average price target.

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Autoliv’s market cap is currently $7.29B and has a P/E ratio of 22.99. The company has a Price to Book ratio of 3.66.

Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock.

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Autoliv, Inc. engages in the development, manufacture, and supply of automotive safety systems. It operates through the Passive Safety and Electronics segment. The Passive Safety segment includes airbags, seatbelts, steering wheels, and restrain electronics.

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