Stock Rating Upgrade
In recent days the Value Trend Rating for Autoliv Inc (NYSE: ALV) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 4/12/24, Autoliv Inc (NYSE: ALV) stock declined by -2.2%, closing at $115.26. This decline was accompanied by normal trading volume. Relative to the market the stock has been strong over the last nine months but has declined -2.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ALV is expected to continue to be a major Value Builder.
Autoliv has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Autoliv has a neutral Appreciation Score of 52 but a good Power Rating of 75, with the Positive Value Trend Rating the result.
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