Autoliv Inc (ALV), a leading player in the auto parts industry, has received strong analyst ratings, reflecting optimism in its future performance. With a bullish stance from Stock Target Advisor and multiple “Buy” ratings from top analysts, Autoliv remains an attractive stock for investors. The company is set to release its earnings report on January 31, 2025, which could further shape market sentiment.
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Recent Performance and Market Conditions:
Autoliv’s stock price recently closed at USD 99.84, reflecting a +0.46% gain over the past week and a +5.45% increase over the past month. However, the stock has experienced a -7.87% decline over the last year. Despite the dip, the company’s fundamentals remain strong, with superior return on equity (26.38%), return on assets (7.4%), and return on invested capital (17.39%) compared to industry peers.
The auto parts sector has seen a 5.77% return over the past month, driven by strong earnings from key players such as Genuine Parts Co (GPC), Aptiv PLC (APTV), and Magna International Inc (MGA). With growing demand for automotive safety solutions, Autoliv is well-positioned to capitalize on industry trends.
Stock Target Advisor’s Analysis on Autoliv Inc (ALV):
Stock Target Advisor has issued a Bullish rating for Autoliv based on 9 positive signals and only 2 negative signals. The 12-month target price is USD 120.80, representing a projected 20.19% price increase.
Autoliv has received strong support from analysts, with 7 analysts covering the stock and an average target price of USD 120.80.
Most Recent Analyst Ratings:
- Bank of America Merrill Lynch: Buy, Target: USD 134
- Daiwa Securities Co.: Buy, Target: USD 109
- Wells Fargo & Company: Equal Weight, Target: USD 101 ? USD 97
- Evercore ISI: Buy, Target: USD 140
Conclusion:
Despite a -7.87% decline over the past year, Autoliv Inc remains a strong long-term investment due to its bullish analyst ratings, robust financials, and growing demand for automotive safety solutions.
With an upcoming earnings report on January 31, 2025, investors will be closely watching for insights into future growth. Analysts remain optimistic, with a projected 12-month price increase of 20.19%, making ALV a stock to watch in 2025.
Muzzammil is a content writer at Stock Target Advisor. He has been writing stock news and analysis at Stock Target Advisor since 2023 and has worked in the financial domain in various roles since 2020. He has previously worked on an equity research firm that analyzed companies listed on the stock markets in the U.S. and Canada and performed fundamental and qualitative analyses of management strength, business strategy, and product/services forecast as indicated by major brokers covering the stock.
