10:40 AM EDT, 07/02/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our 12-month price target by $20 to $130, based on a '26 P/E of 12.4x, a justified discount to ALV's five-year forward P/E of 16.3x. We maintain our adjusted EPS estimates of $9.20 for '25 and $10.50 for '26. ALV shares have appreciated sharply since the company reported Q1 earnings in April, recently surpassing our price target. We reiterate our Buy rating and raise our price target, noting the company's ongoing buybacks with approximately 510K shares retired in Q2. We continue to like ALV as a preferred name in a sub-industry that faces near-term headwinds from elevated auto inventory levels and tariff impacts. With above-average organic sales growth and ongoing margin expansion potential, we believe the stock will continue to outperform peers in the coming months, and its balance sheet and low leverage ratios support ongoing share repurchases and dividend payments.