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Wells Fargo Stick to Their Hold Rating for Autoliv

Jul 07, 2021 05:04AM ET
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Wells Fargo (NYSE:WFC) analyst Colin Langan maintained a Hold rating on Autoliv (NYSE:ALV) on Wednesday, setting a price target of $103, which is approximately 4.96% above the present share price of $98.13.

Langan expects Autoliv to post earnings per share (EPS) of $1.79 for the third quarter of 2021.

The current consensus among 12 TipRanks analysts is for a Hold rating of shares in Autoliv, with an average price target of $107.82.
The analysts price targets range from a high of $126 to a low of $90.

In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $2.24 billion and a net profit of $236 million. The company's market cap is $8.37 billion.

According to TipRanks.com, Wells Fargo analyst Colin Langan is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 2.5% and a 60.20% success rate.

Autoliv, Inc. engages in the development, manufacture, and supply of automotive safety systems. It operates through the Passive Safety and Electronics segment. The Passive Safety segment includes airbags, seatbelts, steering wheels, and restrain electronics. The Electronics segment comprises of restraint control systems, brake control systems and active safety. The company was founded by Lennart Lindblad in 1953 and is headquartered in Stockholm, Sweden.

Wells Fargo Stick to Their Hold Rating for Autoliv
 

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