Javier Martinez Olcoz Cerdan, an analyst from Morgan Stanley, maintained the Hold rating on Autoliv. The associated price target remains the same with $117.60.
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Javier Martinez Olcoz Cerdan has given his Hold rating due to a combination of factors influencing Autoliv’s performance. The company’s second-quarter results were generally in line with expectations, with a stronger revenue performance offsetting slightly lower margins. While Autoliv showed improvement in its sales performance in China, it still faces challenges in this market, although the gap in performance is narrowing.
Despite these challenges, Autoliv has upgraded its full-year 2025 guidance, citing stronger organic sales growth and favorable foreign exchange impacts. The company has also managed to maintain a resilient operating margin and has controlled its leverage, which could allow for potential share buybacks. However, given the mixed performance and ongoing challenges, the Hold rating reflects a cautious optimism about the company’s future prospects.
In another report released on July 11, Robert W. Baird also maintained a Hold rating on the stock with a $126.00 price target.