ERIC has an average analyst ranking of Strong Buy with an average price target of $13.9. ERIC has been the subject of a number of other research reports. Start your free 7-Day Trial. Ericsson ADR (ERIC). 3 Low Price-Book Ratio Stock Picks Jan. 10, 2021 at 10:06 a.m. Net sales break down by product families as follows: - transmission network and telephony equipment and systems (68.2%); - services (28.8%): primarily network management and control and systems integration services; - multimedia equipment (3%). Price target in 14 days: 12.387 USD. Raymond James currently has an outperform rating on the communications equipment provider’s stock. On average, Wall Street analysts predict that Ericsson Lm Telephone's share price could reach $13.90 by Dec 11, 2021. Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know Jan. 5, 2021 at 5:45 p.m. Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock … On average, they expect Telefonaktiebolaget LM Ericsson (publ)'s share price to reach $12.50 in the next year. Telefon AB L.M. The stock is trading up 2.64% this week following yesterday's decline. The upside potential (average analyst target price relative to current price) of NIO is higher than 97.49% of stocks in the large market cap category. ERIC's current price/earnings ratio is 170.83, which is higher than 95.38% of US stocks with positive earnings. Right now, HC Wainwright has a Buy rating on the penny stock. The average target price of Top Glove Corp Bhd, which has fallen by as much as 40.6% from its peak of RM9.77, is almost 53% higher than yesterday’s closing price of RM5.80. Ericsson AB specializes in the design, manufacture, and marketing of stationary and mobile telecommunications systems and equipment. Canaccord lowered its price target on Ericsson (ERIC) stock to $7 from $8.50 on Wednesday. 16 brokerages have issued 12-month price targets for Telefonaktiebolaget LM Ericsson (publ)'s shares. Their forecasts range from $11.00 to $13.50. We will use swing high lows & trend lines to calculate targets. The Average True Range (ATR) for Telefonaktiebolaget LM Ericsson (publ) is set at 0.21, with the Price to Sales ratio for ERIC stock in the period of the last 12 months amounting to 1.40. Close price at the end of the last trading day (Friday, 8th Jan 2021) of the ERIC stock was $12.06. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Ericssonâ s shares closed 1.30% higher at SEK 98.26 on Friday; the stock is up over 20% so far this year. This is 0.5% more than the trading day before Thursday, 7th Jan 2021. However, it was given one of the most bullish targets of all penny stocks on this list. ERIC has been trading bullishly recently. Bank of America has a "buy" rating and $145 price target for ADI stock. NIO Inc's number of analysts covering the stock is greater than 79.37% of all US stocks. The price/operating cash flow metric for Ericsson Lm Telephone Co is higher than just 9.33% of stocks in our set with a positive cash flow. NIO has a higher average analyst price target than 96.97% of Automobiles and Trucks stocks. Already a subscriber? View the latest Telefon AB L.M. Real time Telefonaktiebolaget LM Ericsson (ERIC) stock price quote, stock graph, news & analysis. During the day the stock fluctuated 1.08% from a day low at $11.99 to a day high of $12.12. ET on Zacks.com Ericsson (ERIC) Inks Five-Year 5G Deal With Ooredoo Group Sign in. Previously, the target price had yet another raise to $9, while Raymond James analysts kept a Outperform rating on ERIC stock. Ericsson (NASDAQ: ERIC) stock research, profile, news, analyst ratings, key statistics, fundamentals, stock price, charts, earnings, guidance and peers on Benzinga. According to 15 Wall Street analysts that have issued a 1 year BABA price target, the average BABA price target is $330.13, with the highest BABA stock price forecast at $372.00 and the lowest BABA stock price forecast at $260.00. They retained a buy rating on the stock with a target price of SEK110, up from SEK105.80 in early trading on Wednesday. Its average TP of RM8.85. The average Ericsson Lm Telephone stock price prediction forecasts a potential upside of 16.32% from the current ERIC share price of $11.95. View Ericsson ERIC investment & stock information. ERIXF: Get the latest Ericsson (Telefon L.M.Ericsson) stock price and detailed information including ERIXF news, historical charts and realtime prices. European Stocks Slip on Virus Concerns; Ericsson ... and said it was "more confident" in meeting its 2020 targets. With a current trading price around $1.42, that target is 463% higher than prices … Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know. Like most tech stocks, LM Ericsson (NASDAQ: ERIC) has seen its share value take a wild ride in 2020.From a high close of $9.21 on Feb. 12, Ericsson stock plunged to … Other equity analysts also recently updated their stock outlook. Telefonaktiebolaget L M Ericsson Stock Price Forecast, ERIC stock price prediction. In the latest trading session, Ericsson (ERIC) closed at $12.20, marking a +1.33% move from the previous day. Log In Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) had its target price boosted by Raymond James from $12.00 to $13.50 in a research report released on Wednesday, The Fly reports. View Price Target for ERIC Access over 100 stock metrics like Beta, EV/EBITDA, PE10, Free Cash Flow Yield, KZ Index and Cash Conversion Cycle. View today's stock price, news and analysis for Telefon AB L.M. Stock Target Advisor runs millions of automatic calculations on over 75,000 stocks in American, Asian and European Exchanges and compares it with market analyst stock ratings and target stock prices to help you make smart investment decisions and build robust investment portfolios. Ericsson stock forecast. Intel stock forecast & analyst price target predictions based on 24 analysts offering 12-months price targets for INTC in the last 3 months. As far as the ABEO stock forecast, the firm gave a target of $8. Ericsson ADR (ERIC) stock price, news, historical charts, analyst ratings and financial information from WSJ. Click Here to get the full Stock Score Report on Telefonaktiebolaget LM Ericsson (ERIC) Stock. Get the latest Ericsson ERIC detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. ET on GuruFocus.com GSAT Stock Alert: Why IoT Satellite Play Globalstar Is Rocketing Higher Today Ericsson ADR stocks price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. How to calculate Stock Price Target?There are many ways to calculate target for stock price. Find the latest Ericsson (ERIC) stock quote, history, news and other vital information to help you with your stock trading and investing. Start My Free Trial No credit card required. Ericsson stock has yet to recover to July levels, ... Those tracked by The Wall Street Journal give Ericsson stock an overweight rating, with an average $12.02 price target. Find real-time ERIC - Telefonaktiebolaget LM Ericsson stock quotes, company profile, news and forecasts from CNN Business. Expected sustainable strong demand in 2021, at least, and hike in average selling prices are the main source of optimism. This suggests a possible upside of 5.4% from the stock's current price. Ericsson stock price forecast was raised by Independent Research to SEK 110.00 from SEK 93.00, but rated “Hold”.