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Wells Fargo Reaffirms Their Hold Rating on Autoliv (ALV)

Tipranks - Tipranks - Wed Feb 25, 7:48AM CST

Wells Fargo analyst Colin Langan maintained a Hold rating on Autoliv on February 20 and set a price target of $125.00. The company’s shares closed yesterday at $123.07.

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Langan covers the Consumer Cyclical sector, focusing on stocks such as Lear, BorgWarner, and Aptiv. According to TipRanks, Langan has an average return of -6.0% and a 47.25% success rate on recommended stocks.

Autoliv has an analyst consensus of Moderate Buy, with a price target consensus of $135.47.

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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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