Ericsson (ERIC)
(Delayed Data from NSDQ)
$7.57 USD
+0.11 (1.47%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $7.56 -0.01 (-0.13%) 7:58 PM ET
4-Sell of 5 4
B Value B Growth A Momentum A VGM
Ericsson (ERIC) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$5.65 | $5.90 | $5.40 | -24.26% |
Price Target
Based on short-term price targets offered by two analysts, the average price target for Ericsson comes to $5.65. The forecasts range from a low of $5.40 to a high of $5.90. The average price target represents a decline of 24.26% from the last closing price of $7.46.
Analyst Price Targets (2 )
Broker Rating
Ericsson currently has an average brokerage recommendation (ABR) of 3.70 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 10 brokerage firms. The current ABR compares to an ABR of 3.70 a month ago based on 10 recommendations.
Of the 10 recommendations deriving the current ABR, one is Strong Buy, representing 10% 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 | 4 | 4 | 5 | 5 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 4 | 4 | 4 | 3 | 3 |
ABR | 3.70 | 3.70 | 3.70 | 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 |
---|---|---|---|---|
8/30/2024 | New Street Research | Pierre C Ferragu | Hold | Hold |
8/1/2024 | Not Identified | Not Identified | Hold | Hold |
7/12/2024 | Not Identified | Not Identified | Hold | Hold |
1/31/2024 | UBS | Francois-Xavier Bouvignies | Hold | Strong Sell |
1/22/2024 | Not Identified | Not Identified | Hold | Strong Sell |
1/12/2024 | Exane BNP Paribas | Jakob Bluestone | Not Available | Strong Sell |
1/2/2024 | Goldman Sachs | Alexander Duval | Strong Sell | Strong Sell |
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 | 3.70 |
ABR (Last week) | 3.70 |
# of Recs in ABR | 10 |
Average Target Price | $5.65 |
LT Growth Rate | NA |
Industry | Wireless Equipment |
Industry Rank by ABR | 185 of 253 |
Current Quarter EPS Est: | 0.09 |
ERIC FAQs
Ericsson (ERIC) currently has an average brokerage recommendation (ABR) of 3.70 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 10 brokerage firms.
The average price target for Ericsson (ERIC) is $5.65. The current on short-term price targets is based on 4 reports.
The forecasts for Ericsson (ERIC) range from a low of $5.4 to a high of $5.9. The average price target represents a decline of $25.36 from the last closing price of $7.57.
The current DOWNSIDE for Ericsson (ERIC) is 25.36%
Based on short-term price targets offered by two analysts, the average price target for Ericsson comes to $5.65. The forecasts range from a low of $5.40 to a high of $5.90. The average price target represents a decline of 24.26% from the last closing price of $7.46.