NASDAQ:ERIC - Telefonaktiebolaget LM Ericsson (publ) Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $12.50
  • Forecasted Upside: 0.56 %
  • Number of Analysts: 16
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 14 Buy Ratings
  • 0 Strong Buy Ratings
$12.43
▲ +0.17 (1.39%)
1 month | 3 months | 12 months
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Analyst Price Target for ERIC

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. 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). 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 in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$12.50
▲ +0.56% Upside Potential
This price target is based on 16 analysts offering 12 month price targets for Telefonaktiebolaget LM Ericsson (publ) in the last 3 months. The average price target is $12.50, with a high forecast of $13.50 and a low forecast of $11.00. The average price target represents a 0.56% upside from the last price of $12.43.
Buy
The current consensus among 16 polled investment analysts is to buy stock in Telefonaktiebolaget LM Ericsson (publ). This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/8/2019
  • 1 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/6/2019
  • 1 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/5/2019
  • 1 strong buy ratings
  • 10 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/4/2020
  • 1 strong buy ratings
  • 10 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/2/2020
  • 0 strong buy ratings
  • 13 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/31/2020
  • 0 strong buy ratings
  • 14 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/30/2020
  • 0 strong buy ratings
  • 14 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/29/2020

Latest Recommendations

  • 0 strong buy ratings
  • 14 buy ratings
  • 2 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/20/2020UBS GroupReiterated RatingNeutralLow
i
11/12/2020Societe GeneraleUpgradeHold ➝ BuyMedium
i
10/22/2020BarclaysReiterated RatingOverweightLow
i
10/22/2020Credit Suisse GroupReiterated RatingOutperformLow
i
10/22/2020JPMorgan Chase & Co.Reiterated RatingOverweightLow
i
10/22/2020Morgan StanleyReiterated RatingOverweightLow
i
10/22/2020Deutsche Bank AktiengesellschaftReiterated RatingHoldLow
i
10/22/2020Societe GeneraleReiterated RatingHoldLow
i
10/22/2020DanskeUpgradeHold ➝ BuyLow
i
10/21/2020Raymond JamesBoost Price TargetOutperform$12.00 ➝ $13.50Low
i
9/29/2020Credit Suisse GroupReiterated RatingOutperformLow
i
9/21/2020Charter EquityReiterated RatingBuyMedium
i
9/21/2020Raymond JamesLower Price TargetOutperform$12.50 ➝ $12.00Medium
i
7/20/2020JPMorgan Chase & Co.Reiterated RatingOverweightLow
i
7/20/2020Morgan StanleyReiterated RatingOverweightLow
i
7/20/2020Bank of AmericaBoost Price TargetBuy$10.50 ➝ $13.00Medium
i
7/20/2020CitigroupReiterated RatingBuyHigh
i
6/22/2020Raymond JamesBoost Price TargetOutperform$9.00 ➝ $10.00Low
i
4/17/2020Credit Suisse GroupReiterated RatingOutperformLow
i
3/30/2020CowenUpgradeMarket Perform ➝ OutperformHigh
i
3/27/2020DZ BankReiterated RatingBuyLow
i
3/27/2020Raymond JamesUpgradeMarket Perform ➝ Outperform$9.00Low
i
3/26/2020Canaccord GenuityReiterated RatingBuy$11.00Medium
i
Rating by Michael Walkley at Canaccord Genuity
1/27/2020DanskeUpgradeHold ➝ BuyMedium
i
1/27/2020Kepler Capital MarketsUpgradeHold ➝ BuyMedium
i
1/24/2020Canaccord GenuityReiterated RatingBuy$11.00Low
i
1/16/2020BarclaysUpgradeEqual Weight ➝ OverweightLow
i
1/13/2020CitigroupUpgradeNeutral ➝ BuyMedium
i
10/18/2019New Street ResearchInitiated CoverageNeutralLow
i
10/18/2019Charter EquityUpgradeMarket Perform ➝ BuyLow
i
10/1/2019Canaccord GenuityUpgradeHold ➝ BuyHigh
i
9/20/2019DZ BankUpgradeHold ➝ BuyLow
i
7/29/2019The Goldman Sachs GroupUpgradeBuy ➝ Conviction-Buy$11.50Low
i
7/19/2019CowenReiterated RatingHold$9.00Low
i
7/1/2019SantanderDowngradeBuy ➝ HoldLow
i
5/29/2019New Street ResearchDowngradeNeutral ➝ SellLow
i
5/24/2019Credit Suisse GroupUpgradeNeutral ➝ Outperform$9.98Low
i
5/22/2019Bank of AmericaUpgradeNeutral ➝ Buy$9.85High
i
4/21/2019CowenReiterated RatingHold$10.00Low
i
12/20/2018Raymond JamesUpgradeUnderperform ➝ Market PerformMedium
i
10/19/2018ArgusUpgradeHold ➝ BuyLow
i
10/18/2018BMO Capital MarketsReiterated RatingHoldHigh
i
9/28/2018Canaccord GenuityBoost Price TargetHold ➝ Hold$8.50 ➝ $9.00Medium
i
9/19/2018Credit Suisse GroupUpgradeUnderperform ➝ Hold$7.19 ➝ $8.00Low
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Rating by Achal Sultania at Credit Suisse Group AG
9/17/2018JPMorgan Chase & Co.Reiterated RatingBuyLow
i
Rating by Sandeep Deshpande at JPMorgan Chase & Co.
9/13/2018Bank of AmericaBoost Price TargetNeutral$8.50 ➝ $8.70Low
i
9/5/2018JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightLow
i
7/25/2018Bank of AmericaUpgradeUnderperform ➝ NeutralLow
i
7/20/2018Raymond JamesDowngradeMarket Perform ➝ UnderperformLow
i
7/18/2018DZ BankReiterated Rating$8.27Medium
i
4/23/2018Charter EquityUpgradeMarket Perform ➝ BuyLow
i
4/20/2018BMO Capital MarketsReiterated RatingHoldLow
i
4/20/2018CowenUpgradeUnderperform ➝ Market Perform$3.00 ➝ $7.00Medium
i
4/11/2018Berenberg BankInitiated CoverageHold ➝ HoldMedium
i
Rating by Josep Bori at Berenberg Bank
2/5/2018Bank of AmericaDowngradeBuy ➝ UnderperformHigh
i
2/1/2018Canaccord GenuityReiterated RatingHold ➝ Hold$6.50 ➝ $6.00Low
i
12/21/2017Canaccord GenuityReiterated RatingHold$6.50Low
i
11/9/2017CitigroupDowngradeBuy ➝ NeutralN/A
i
10/23/2017Canaccord GenuityLower Price TargetHold ➝ Hold$5.75 ➝ $5.25N/A
i
10/20/2017BMO Capital MarketsReiterated RatingHold$6.00N/A
i
10/19/2017CowenDowngradeUnderperformN/A
i
10/3/2017Credit Suisse GroupDowngradeNeutral ➝ Underperform$6.00 ➝ $4.65Low
i
9/22/2017Canaccord GenuityLower Price TargetHold$6.00 ➝ $5.25Low
i
9/21/2017BNP ParibasUpgradeNeutral ➝ OutperformLow
i
8/31/2017DanskeDowngradeBuy ➝ HoldLow
i
8/26/2017JPMorgan Chase & Co.Reiterated RatingNeutralLow
i
Rating by Sandeep Deshpande at JPMorgan Chase & Co.
7/18/2017Canaccord GenuityReiterated RatingHold$6.00Medium
i
7/18/2017JPMorgan Chase & Co.Reiterated RatingHoldLow
i
Rating by Sandeep Deshpande at JPMorgan Chase & Co.
6/30/2017Canaccord GenuityReiterated RatingNeutral ➝ Neutral - Hold$7.00Low
i
6/14/2017Societe GeneraleInitiated CoverageHoldLow
i
6/8/2017CitigroupInitiated CoverageBuy ➝ BuyLow
i
6/2/2017Bank of AmericaReiterated RatingBuy ➝ BuyLow
i
4/29/2017CowenReiterated RatingMarket Perform$4.00 ➝ $3.00Low
i
4/12/2017Credit Suisse GroupUpgradeUnderperform ➝ NeutralLow
i
3/29/2017Sanford C. BernsteinUpgradeMarket Perform ➝ OutperformMedium
i
3/17/2017BMO Capital MarketsReiterated RatingMarket PerformLow
i
3/9/2017The Goldman Sachs GroupUpgradeSell ➝ Buy$5.70 ➝ $7.80Low
i
Rating by Alexander Duval at The Goldman Sachs Group, Inc.
2/22/2017Bank of AmericaReiterated RatingBuyN/A
i
1/28/2017Wells Fargo & CompanyReiterated RatingMarket PerformN/A
i
1/27/2017Charter EquityUpgradeMkt Underperform ➝ Mkt PerformN/A
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1/19/2017The Goldman Sachs GroupDowngradeNeutral ➝ Sell$6.00N/A
i
1/17/2017UBS GroupReiterated RatingNeutralN/A
i
Rating by Gary Jenkins at UBS Group AG
12/16/2016Bank of AmericaUpgradeNeutral ➝ BuyN/A
i
12/15/2016DanskeUpgradeSell ➝ BuyN/A
i
12/9/2016Wells Fargo & CompanyReiterated RatingMarket PerformN/A
i
10/25/2016JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralN/A
i
10/21/2016DNB MarketsDowngradeBuy ➝ HoldN/A
i
10/15/2016BNP ParibasReiterated RatingHoldN/A
i
Rating by Alexandre Faure at BNP Paribas
10/15/2016CowenReiterated RatingMarket Perform$6.00N/A
i
Rating by Paul Silverstein at Cowen Inc
10/13/2016ArgusReiterated RatingHoldN/A
i
10/13/2016Canaccord GenuityReiterated RatingHold$7.00 ➝ $5.50N/A
i
10/13/2016BMO Capital MarketsReiterated RatingMarket Perform$7.00N/A
i
Rating by Tim Long at BMO Capital Markets
10/13/2016NatixisDowngradeBuy ➝ NeutralN/A
i
10/10/2016Morgan StanleyReiterated RatingNeutralN/A
i
9/28/2016BNP ParibasReiterated RatingHoldN/A
i
9/26/2016Credit Suisse GroupUpgradeUnderperform ➝ NeutralN/A
i
8/12/2016Morgan StanleyReiterated RatingNeutralN/A
i
7/26/2016Bank of AmericaReiterated RatingHoldN/A
i
Rating by Kai Korschelt at Bank of America Co.
7/25/2016BMO Capital MarketsReiterated RatingHold$7.00N/A
i
Rating by Tim Long at BMO Capital Markets
7/21/2016UBS GroupDowngradeBuy ➝ NeutralN/A
i
7/20/2016Canaccord GenuityLower Price TargetHold$8.50 ➝ $7.00N/A
i
7/20/2016Charter EquityDowngradeMarket Perform ➝ UnderperformN/A
i
7/18/2016BMO Capital MarketsReiterated RatingHold$8.00N/A
i
Rating by Tim Long at BMO Capital Markets
7/6/2016BarclaysUpgradeUnderweight ➝ Equal WeightN/A
i
6/21/2016The Goldman Sachs GroupUpgradeSell ➝ NeutralN/A
i
Rating by Alexander Duval at The Goldman Sachs Group, Inc.
5/5/2016The Goldman Sachs GroupReiterated RatingSellN/A
i
Rating by Alexander Duval at The Goldman Sachs Group, Inc.
5/4/2016JPMorgan Chase & Co.Reiterated RatingBuyN/A
i
5/3/2016SwedbankDowngradeBuy ➝ NeutralN/A
i
4/22/2016CowenDowngradeOutperform ➝ Market Perform$11.00 ➝ $7.00N/A
i
4/22/2016Sanford C. BernsteinDowngradeOutperform ➝ Market Perform$8.23 ➝ $8.27N/A
i
4/22/2016The Goldman Sachs GroupReiterated RatingSellN/A
i
Rating by Alexander Duval at The Goldman Sachs Group, Inc.
4/21/2016Bank of AmericaDowngradeBuy ➝ NeutralN/A
i
Rating by Kai Korschelt at Bank of America Co.
4/20/2016BMO Capital MarketsReiterated RatingHoldN/A
i
Rating by Tim Long at BMO Capital Markets
3/24/2016Bank of AmericaReiterated RatingBuyN/A
i
3/14/2016UBS GroupReiterated RatingBuyN/A
i
3/11/2016Wells Fargo & CompanyInitiated CoverageMarket PerformN/A
i
2/29/2016Deutsche Bank AktiengesellschaftReiterated RatingNeutralN/A
i
Rating by Johannes Schallerare at Deutsche Bank Aktiengesellschaft
2/29/2016Canaccord GenuityReiterated RatingHold$10.00N/A
i
Rating by Michael Walkley at Canaccord Genuity
1/28/2016BMO Capital MarketsDowngradeOutperform ➝ Market Perform$13.00 ➝ $10.00N/A
i
Rating by Tim Long at BMO Capital Markets
1/27/2016BMO Capital MarketsReiterated RatingOutperform ➝ Buy$13.00N/A
i
1/21/2016The Goldman Sachs GroupDowngradeNeutral ➝ Sell$8.80N/A
i
1/15/2016Deutsche Bank AktiengesellschaftDowngradeBuy ➝ HoldN/A
i
1/11/2016Morgan StanleyReiterated RatingNeutralN/A
i
1/5/2016Societe GeneraleDowngradeBuy ➝ HoldN/A
i
12/27/2015Royal Bank of CanadaDowngradeHoldN/A
i
Rating by Mark Sue at Royal Bank of Canada
12/21/2015Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$11.00 ➝ $10.00N/A
i
12/1/2015Credit Suisse GroupDowngradeNeutral ➝ Underperform$9.69N/A
i
(Data available from 11/29/2015 forward)
Telefonaktiebolaget LM Ericsson (publ) logo
Telefonaktiebolaget LM Ericsson (publ) provides information and communications technology solutions for service providers. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment provides hardware, software, and related services for radio access and transport, as well as related services, such as design, tuning, network rollout, and customer support. The Digital Services segment offers products and services for operators in the areas of business support systems, operations support systems, cloud core, cloud communication, network functions virtualization, and cloud infrastructure, as well as consulting, learning, and testing services. The Managed Services segment provides networks and IT managed, network design and optimization, and application development and maintenance services to operators. The Emerging Business and Other segment consists of emerging businesses; iconectiv that offers software-based interconnection solutions; and Red Bee Media, which consists of technology enabled services to manage the play-out platform for broadcasters and content owners. It operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. The company was founded in 1876 and is headquartered in Stockholm, Sweden.
Read More

Today's Range

Now: $12.43
$12.28
$12.49

50 Day Range

MA: $11.64
$10.70
$12.44

52 Week Range

Now: $12.43
$6.15
$12.61

Volume

2,532,315 shs

Average Volume

8,962,428 shs

Market Capitalization

$41.44 billion

P/E Ratio

26.45

Dividend Yield

0.82%

Beta

0.45