Gabelli Reports On ALV Estimates

Gabelli has issued a report on Autoliv Inc.'s EPS estimates.

According to the report, "We believe ALV margins have likely peaked, meaning earnings growth will be driven production increases in North America and Asian markets, particularly China. We estimate ALV will generate $6.85 in EPS during 2011, growing to over $9.00 in earnings by 2014 as global auto production continues its steady upward ramp."

ALV has a Buy Rating and closed at $71.11 yesterday.