Seeing Is Believing
ERIC is currently covered by 10 analysts with an average price target of $10.31. This is a potential upside of $1.77 (20.73%) from yesterday's end of day stock price of $8.54.
Telefonaktiebolaget LM Ericsson B ADR's activity chart (see below) currently has 154 price targets and 103 ratings on display. The stock rating distribution of ERIC is 45% BUY, 45% HOLD and 10% SELL.
Analysts average stock forecasts to be materialized ratio is 55.39% with an average time for these price targets to be met of 353.76 days.
Highest price target for ERIC is $6.7, Lowest price target is $6.7, average price target is $10.31.
Most recent stock forecast was given by SANDEEP DESHPANDE from JPMORGAN on 21-Oct-2024. First documented stock forecast 19-Jan-2017.
Currently out of the existing stock ratings of ERIC, 9 are a BUY (45%), 9 are a HOLD (45%), 2 are a SELL (10%).
Analyst name
Rating
Current price target
Potential Upside
Previous price target
Date
Price targets met ratio
Average potential upside
Average Time (Days) For PT To Be Met
Performance score
Hold
$6.7
$-1.84 (-21.55%)
$5.9
2 months 30 days ago
(21-Oct-2024)
9/16 (56.25%)
$-1.76 (-20.80%)
283
Sell
$5.32
$-3.22 (-37.70%)
$13.57
1 years 1 days ago
(19-Jan-2024)
1/2 (50%)
$-0.43 (-7.48%)
14
Buy
$6.7
$-1.84 (-21.55%)
1 years 1 months 12 days ago
(08-Dec-2023)
1/1 (100%)
$1.17 (21.16%)
221
Buy
$7
$-1.54 (-18.03%)
$8
1 years 9 months 1 days ago
(19-Apr-2023)
5/14 (35.71%)
$1.85 (35.92%)
554
Buy
$7.61
$-0.93 (-10.89%)
1 years 9 months 21 days ago
(30-Mar-2023)
1/1 (100%)
$2.11 (38.36%)
544
What is ERIC (Telefonaktiebolaget LM Ericsson B ADR) average time for price targets to be met?
Which analyst has the current highest performing score on ERIC (Telefonaktiebolaget LM Ericsson B ADR) with a proven track record?
Which analyst has the most public recommendations on ERIC (Telefonaktiebolaget LM Ericsson B ADR)?
Which analyst is the currently most bullish on ERIC (Telefonaktiebolaget LM Ericsson B ADR)?
Which analyst is the currently most reserved on ERIC (Telefonaktiebolaget LM Ericsson B ADR)?