Market Overview

UPDATE: DNB Markets Initiates Autoliv at Buy: Q4 A Likely Profitability Trough

Related ALV
Benzinga's Top Downgrades
Autoliv Provides Tepid Q3 Forecast After Delivering Better-Than-Expected Earnings

DNB Markets initiated coverage on Autoliv (NYSE: ALV) with a Buy rating.

DNB Markets noted, "As we believe Q4 2012 will mark the trough in profitability at 9%, we focus on the above-market growth we see for Autoliv in the coming years, driven by market share gains in emerging markets and increased sales of active safety products. As we forecast 14% annual EPS growth in the next two years, we find 2013e P/E of 9.5x undemanding."

Autoliv closed at $61.63 on Thursday.

Latest Ratings for ALV

Oct 2016HandelsbankenDowngradesBuyAccumulate
Jul 2016CitigroupMaintainsNeutral
Jul 2016Deutsche BankMaintainsHold

View More Analyst Ratings for ALV
View the Latest Analyst Ratings

Posted-In: DNB MarketsAnalyst Color Initiation Pre-Market Outlook Analyst Ratings


Related Articles (ALV)

View Comments and Join the Discussion!