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Goldman Sachs downgrades Autoliv (ALV) to a Hold

Tipranks - Tue Feb 3, 6:42PM CST

Autoliv received a Hold rating and price target from Goldman Sachs analyst yesterday.

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In addition to Goldman Sachs, Autoliv also received a Hold from Robert W. Baird’s Luke Junk in a report issued yesterday. However, on the same day, Barclays maintained a Buy rating on Autoliv (NYSE: ALV).

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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