RBC Capital Keeps Their Buy Rating on Autoliv (ALV)
In a report released on January 30, Tom Narayan from RBC Capital reiterated a Buy rating on Autoliv, with a price target of $141.00. The company’s shares closed last Friday at $121.24.
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According to TipRanks, Narayan is a 4-star analyst with an average return of 8.2% and a 50.60% success rate. Narayan covers the Consumer Cyclical sector, focusing on stocks such as Tesla, Rivian Automotive, and American Axle.
Currently, the analyst consensus on Autoliv is a Moderate Buy with an average price target of $135.16, representing an 11.48% upside. In a report released today, Barclays also maintained a Buy rating on the stock with a $140.00 price target.
Based on Autoliv’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.82 billion and a net profit of $226 million. In comparison, last year the company earned a revenue of $2.62 billion and had a net profit of $243 million
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Disclaimer & DisclosureReport an Issue
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