Ericsson (ERIC)
(Delayed Data from NSDQ)
$5.24 USD
-0.04 (-0.76%)
Updated Apr 25, 2024 04:00 PM ET
After-Market: $5.24 0.00 (0.00%) 6:28 PM ET
3-Hold of 5 3
B Value C Growth F Momentum C VGM
Ericsson (ERIC) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$5.09 | $5.58 | $4.60 | -3.60% |
Price Target
Based on short-term price targets offered by two analysts, the average price target for Ericsson comes to $5.09. The forecasts range from a low of $4.60 to a high of $5.58. The average price target represents a decline of 3.6% from the last closing price of $5.28.
Analyst Price Targets (2 )
Broker Rating
Ericsson currently has an average brokerage recommendation (ABR) of 3.56 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by nine brokerage firms. The current ABR compares to an ABR of 3.50 a month ago based on 10 recommendations.
Of the nine recommendations deriving the current ABR, one is Strong Buy, representing 11.11% of all recommendations. A month ago, Strong Buy represented 10%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 4 | 5 | 5 | 5 | 5 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 3 | 3 | 3 | 3 | 3 |
ABR | 3.56 | 3.50 | 3.50 | 3.50 | 3.50 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
1/23/2024 | Not Identified | Not Identified | Hold | Hold |
12/15/2023 | Exane BNP Paribas | Stefan Slowinski | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 3.56 |
ABR (Last week) | 3.50 |
# of Recs in ABR | 9 |
Average Target Price | $5.09 |
LT Growth Rate | NA |
Industry | Wireless Equipment |
Industry Rank by ABR | 201 of 252 |
Current Quarter EPS Est: | 0.05 |