Stock Rating Downgrade
In the last week the Value Trend Rating for Autoliv Inc (NYSE: ALV) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Autoliv Inc (NYSE: ALV) stock rose modestly by 0.7% on 5/31/24. The stock closed at $127.57. Moreover, this advance was accompanied by above average trading volume at 128% of normal. The stock has risen 2.1% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
ALV is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Autoliv has a current Value Trend Rating of C (High Neutral). 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 46 but a good Power Rating of 76, and the High Neutral Value Trend Rating results.
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