ERIC - Telefonaktiebolaget LM Ericsson B ADR - Stock Forecast

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ERIC is currently covered by 6 analysts with an average price target of $9.76. This is a potential upside of $1.85 (23.39%) from yesterday's end of day stock price of $7.91.

Telefonaktiebolaget LM Ericsson B ADR's activity chart (see below) currently has 151 price targets and 96 ratings on display. The stock rating distribution of ERIC is 46.15% BUY, 38.46% HOLD and 15.38% 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 $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, 6 are a BUY (46.15%), 5 are a HOLD (38.46%), 2 are a SELL (15.38%).

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

$-1.21 (-15.30%)

$5.9

4 months 1 days ago
(21-Oct-2024)

9/16 (56.25%)

$-1.76 (-20.80%)

285

Sell

$5.32

$-2.59 (-32.74%)

$13.57

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

1/2 (50%)

$-0.33 (-5.84%)

12

Buy

$6.7

$-1.21 (-15.30%)

1 years 2 months 14 days ago
(08-Dec-2023)

1/1 (100%)

$1.27 (23.39%)

235

Buy

$7

$-0.91 (-11.50%)

$8

1 years 10 months 3 days ago
(19-Apr-2023)

5/14 (35.71%)

$1.94 (38.34%)

563

Buy

$7.61

$-0.3 (-3.79%)

1 years 10 months 23 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 - $8.72

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

Keagan Bryce-Borthwick with lowest potential downside - -$2.59

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