Jefferies Assumes Autoliv, Inc. (ALV) at Buy
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Rating Summary:
15 Buy, 22 Hold, 3 Sell
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Jefferies analyst Michael Aspinall assumes coverage on Autoliv, Inc. (NYSE: ALV) with a Buy rating and a price target of $140.00.
The analyst comments: "Market leadership, share gains, strong margins & content tailwinds are all known features of an investment in Autoliv. The under the hood story, in our view, is that scale advantages & quality are the enablers & will only increase with automation, driving margins higher than current targets beyond '27. This, coupled with innovation leadership, will lead to above consensus earnings growth not currently reflected in the valuation. Assume at Buy."
For an analyst ratings summary and ratings history on Autoliv, Inc. click here. For more ratings news on Autoliv, Inc. click here.
Shares of Autoliv, Inc. closed at $114.61 yesterday.
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