ERIC - Telefonaktiebolaget LM Ericsson B ADR - Stock Forecast

Technology - Sector

Coverage Stock analysts Price Targets & Ratings Chart Insider Trading

ERIC is currently covered by 4 analysts with an average price target of $10.13. This is a potential upside of $1.85 (22.34%) from yesterday's end of day stock price of $8.28.

Telefonaktiebolaget LM Ericsson B ADR's activity chart (see below) currently has 154 price targets and 96 ratings on display. The stock rating distribution of ERIC is 36.36% BUY, 45.45% HOLD and 18.18% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 57.25% with an average time for these price targets to be met of 369.65 days.

Highest price target for ERIC is $6.7, Lowest price target is $6.7, average price target is $6.24.

Most recent stock forecast was given by SANDEEP DESHPANDE from JPMORGAN on 21-Oct-2024. First documented stock forecast 19-Jan-2017.

Best performing analysts who are covering ERIC - Telefonaktiebolaget LM Ericsson B ADR:

Amit Harchandani Sandeep Deshpande Paul Silverstein Simon Leopold Simon Coles Achal Sultania Alexander Duval Robert Sanders Adithya Metuku Keagan Bryce-Borthwick

Currently out of the existing stock ratings of ERIC, 4 are a BUY (36.36%), 5 are a HOLD (45.45%), 2 are a SELL (18.18%).

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

Sandeep Deshpande (JPMORGAN)

Hold

$6.7

$-1.64 (-19.66%)

$5.9

6 months 18 days ago
(21-Oct-2024)

9/16 (56.25%)

$-1.76 (-20.80%)

285

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Keagan Bryce-Borthwick

Sell

$5.32

$-3.02 (-36.21%)

$13.57

1 years 3 months 20 days ago
(19-Jan-2024)

1/2 (50%)

$-0.33 (-5.84%)

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Janardan Menon (JEFFERIES)

Buy

$6.7

$-1.64 (-19.66%)

1 years 5 months 1 days ago
(08-Dec-2023)

1/1 (100%)

$1.27 (23.39%)

235

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Paul Silverstein (COWEN)

Buy

$-1.34 (-16.07%)

2 years 20 days ago
(19-Apr-2023)

5/14 (35.71%)

$1.94 (38.34%)

563

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Frank Maao (DNB)

Buy

$7.61

$-0.73 (-8.75%)

2 years 1 months 9 days ago
(30-Mar-2023)

1/1 (100%)

$2.2 (40.67%)

544

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What is ERIC (Telefonaktiebolaget LM Ericsson B ADR) average time for price targets to be met?

On average it took 369.65 days on average for the stock forecasts to be realized with a an average price target met ratio 57.25

Which analyst has the current highest performing score on ERIC (Telefonaktiebolaget LM Ericsson B ADR) with a proven track record?

AMIT HARCHANDANI

Which analyst has the most public recommendations on ERIC (Telefonaktiebolaget LM Ericsson B ADR)?

Amit Harchandani works at CITI and has 6 price targets and 4 ratings on ERIC

Which analyst is the currently most bullish on ERIC (Telefonaktiebolaget LM Ericsson B ADR)?

Achal Sultania with highest potential upside - $8.29

Which analyst is the currently most reserved on ERIC (Telefonaktiebolaget LM Ericsson B ADR)?

Keagan Bryce-Borthwick with lowest potential downside - -$3.02

Telefonaktiebolaget LM Ericsson B ADR in the News

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