Seeing Is Believing
ERIC is currently covered by 12 analysts with an average price target of $9.76. This is a potential upside of $1.77 (22.15%) from yesterday's end of day stock price of $7.99.
Telefonaktiebolaget LM Ericsson B ADR's activity chart (see below) currently has 144 price targets and 103 ratings on display. The stock rating distribution of ERIC is 16% SELL, 48% BUY and 36% HOLD.
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 $5.32, average price target is $9.76.
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, 4 are a SELL (16%), 12 are a BUY (48%), 9 are a HOLD (36%).
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
$-1.27 (-15.93%)
$5.9
30 days ago
(21-Oct-2024)
9/16 (56.25%)
$-1.76 (-20.80%)
283
Sell
$5.32
$-2.65 (-33.25%)
$13.57
10 months 1 days ago
(19-Jan-2024)
1/2 (50%)
$-0.43 (-7.48%)
14
Buy
$6.7
$-1.27 (-15.93%)
11 months 12 days ago
(08-Dec-2023)
1/1 (100%)
$1.17 (21.16%)
221
Buy
$7
$-0.97 (-12.17%)
$8
1 years 7 months 1 days ago
(19-Apr-2023)
5/14 (35.71%)
$1.85 (35.92%)
554
Buy
$7.61
$-0.36 (-4.52%)
1 years 7 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)?