In a recent update, analyst Luke Junk from Baird has maintained a 'Neutral' rating on Autoliv (ALV, Financial), while significantly raising the price target. The new price target is set at $126.00, up from the previous $108.00.
This adjustment reflects a 16.67% increase in the price target, indicating a more optimistic outlook for Autoliv’s (ALV, Financial) future performance in the stock market. Nevertheless, the overall rating remains unchanged at 'Neutral', suggesting a balanced perspective on the stock's potential risks and rewards.
Investors and market watchers will closely observe how Autoliv (ALV, Financial) performs in the coming months, especially in the light of this revised price target. The consistent 'Neutral' rating implies that while there are positive aspects anticipated, there are also factors to be cautious about.
Autoliv (ALV, Financial), listed on the NYSE, continues to be a significant player in its industry, with the updated price target potentially drawing increased attention from investors looking for stocks with revised forecasts. The adjustments by Baird highlight their evolving assessment of Autoliv's (ALV) valuation in the current market environment.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Autoliv Inc (ALV, Financial) is $119.18 with a high estimate of $140.00 and a low estimate of $100.00. The average target implies an upside of 1.00% from the current price of $118.00. More detailed estimate data can be found on the Autoliv Inc (ALV) Forecast page.
Based on the consensus recommendation from 22 brokerage firms, Autoliv Inc's (ALV, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Autoliv Inc (ALV, Financial) in one year is $112.71, suggesting a downside of 4.48% from the current price of $118. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Autoliv Inc (ALV) Summary page.
