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Telefonaktiebolaget L M

ERICNASDAQ
Logo brought to you by Benzinga Data
$7.46
0.111.50%
At Close: -
$7.46
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
The dividend Ex-Date is in 13 days
Consensus Rating1
Outperform
Highest Price Target1
$8.00
Lowest Price Target1
$5.90
Consensus Price Target1
$6.97

Telefonaktiebolaget L M (NASDAQ:ERIC) Stock, Analyst Ratings, Price Targets, Forecasts

Telefonaktiebolaget L M Ericsson has a consensus price target of $6.97 based on the ratings of 9 analysts. The high is $8 issued by Cowen & Co. on January 23, 2023. The low is $5.9 issued by JP Morgan on July 15, 2024. The 3 most-recent analyst ratings were released by JP Morgan on July 15, 2024, April 17, 2024, and October 18, 2023, respectively. With an average price target of $6.42 between JP Morgan, there's an implied -13.94% downside for Telefonaktiebolaget L M Ericsson from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Apr
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.1
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
TD Cowen
Cowen & Co.

1calculated from analyst ratings

Analyst Ratings for Telefonaktiebolaget L M

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Telefonaktiebolaget L M (ERIC) stock?

A

The latest price target for Telefonaktiebolaget L M (NASDAQ:ERIC) was reported by JP Morgan on July 15, 2024. The analyst firm set a price target for $5.90 expecting ERIC to fall to within 12 months (a possible -20.91% downside). 4 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Telefonaktiebolaget L M (ERIC)?

A

The latest analyst rating for Telefonaktiebolaget L M (NASDAQ:ERIC) was provided by JP Morgan, and Telefonaktiebolaget L M maintained their neutral rating.

Q

When was the last upgrade for Telefonaktiebolaget L M (ERIC)?

A

There is no last upgrade for Telefonaktiebolaget L M

Q

When was the last downgrade for Telefonaktiebolaget L M (ERIC)?

A

The last downgrade for Telefonaktiebolaget L M Ericsson happened on November 30, 2023 when JP Morgan changed their price target from N/A to N/A for Telefonaktiebolaget L M Ericsson.

Q

When is the next analyst rating going to be posted or updated for Telefonaktiebolaget L M (ERIC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Telefonaktiebolaget L M, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Telefonaktiebolaget L M was filed on July 15, 2024 so you should expect the next rating to be made available sometime around July 15, 2025.

Q

Is the Analyst Rating Telefonaktiebolaget L M (ERIC) correct?

A

While ratings are subjective and will change, the latest Telefonaktiebolaget L M (ERIC) rating was a maintained with a price target of $5.58 to $5.90. The current price Telefonaktiebolaget L M (ERIC) is trading at is $7.46, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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