Telefon AB L.M. Ericsson ADR (ERIC) Social Stream
ERICSSON LM TELEPHONE CO (ERIC) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering ERIC.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-22 | 6 | $18 | $10.9 | $14.3 | $6.34 | 125.55% |
| 2022-01-25 | 7 | $18 | $10.9 | $14.04 | $6.34 | 121.45% |
| 2022-01-27 | 7 | $16 | $11.2 | $13.675 | $6.34 | 115.69% |
| 2022-03-02 | 7 | $16 | $9.3 | $13.2 | $6.34 | 108.2% |
| 2022-03-31 | 8 | $16 | $11.2 | $13.675 | $6.34 | 115.69% |
| 2022-04-19 | 8 | $15 | $8.8 | $12.825 | $6.34 | 102.29% |
| 2022-09-17 | 8 | $13.5 | $7.5 | $11 | $6.34 | 73.5% |
| 2022-10-20 | 8 | $11.8 | $7.5 | $9.825 | $6.34 | 54.97% |
| 2022-10-21 | 9 | $11.8 | $6.1 | $9.475 | $6.34 | 49.45% |
| 2022-10-24 | 9 | $11.8 | $6.1 | $8.2 | $6.34 | 29.34% |
| 2022-11-01 | 9 | $9.5 | $6.1 | $7.74 | $6.34 | 22.08% |
| 2022-12-15 | 9 | $10.5 | $6.1 | $8.084 | $6.34 | 27.51% |
| 2023-01-18 | 10 | $10.5 | $6.1 | $8.484 | $6.34 | 33.82% |
| 2023-01-20 | 10 | $10 | $5.6 | $7.784 | $6.34 | 22.78% |
| 2023-01-24 | 10 | $9.72 | $5.6 | $7.384 | $6.34 | 16.47% |
| 2023-01-27 | 8 | $8.32 | $4.9 | $6.705 | $6.34 | 5.76% |
| 2023-04-17 | 8 | $8.3 | $4.9 | $6.7 | $6.34 | 5.68% |
| 2023-04-18 | 8 | $8.3 | $4.9 | $6.6 | $6.34 | 4.1% |
| 2023-04-20 | 8 | $8.3 | $4.9 | $6.35 | $6.34 | 0.16% |
| 2023-05-16 | 7 | $8.3 | $4.9 | $6.133 | $6.34 | -3.26% |
| 2023-06-29 | 7 | $7.86 | $4.9 | $5.986 | $6.34 | -5.58% |
| 2023-07-14 | 7 | $7.86 | $4.4 | $5.72 | $6.34 | -9.78% |
| 2023-10-17 | 8 | $8.3 | $4.4 | $5.866 | $6.34 | -7.48% |
| 2023-10-18 | 8 | $8.3 | $4 | $5.733 | $6.34 | -9.57% |
| 2023-10-19 | 9 | $7.78 | $4 | $5.56 | $6.34 | -12.3% |
| 2023-11-30 | 9 | $5.9 | $4 | $4.933 | $6.34 | -22.19% |
| 2023-12-05 | 9 | $7.78 | $4.8 | $5.826 | $6.34 | -8.11% |
| 2023-12-12 | 9 | $5.88 | $4.8 | $5.193 | $6.34 | -18.09% |
The Trend in the Analyst Price Target
Over the past 21 months, ERIC's average price target has gone down $8.01.
ERIC reports an average of 18.11% for its upside potential over the past 48 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-01-27 | 10 | 8.32 | 4.9 | 6.705 | 5.820 | 15.21% |
| 2023-04-18 | 7 | 8.30 | 4.9 | 6.133 | 5.390 | 13.78% |
| 2023-07-14 | 8 | 7.86 | 4.4 | 5.720 | 5.025 | 13.83% |
| 2023-10-18 | 8 | 8.30 | 4.0 | 5.733 | 4.480 | 27.97% |
| 2023-12-12 | 9 | 5.88 | 4.8 | 5.193 | 5.720 | -9.21% |
ERIC Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 3.11 | 1 | 0 | 6 | 1 | 1 | 9 |
The Trend in the Broker Recommendations
ERIC's average broker recommendation rating worsened by 0.49 over the prior 35 weeks.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- In the context of all US stocks, ERICSSON LM TELEPHONE CO's average analyst price target is higher than 363.94% of them.
- ERIC has a greater number of analysts covering the stock than 642.34% of stocks in the large market cap category.
- ERICSSON LM TELEPHONE CO's upside potential (average analyst target price relative to current price) is greater than 2240.72% of stocks in the large market cap category.
- ERICSSON LM TELEPHONE CO's variance in analysts' estimates is lower than -2244.72% of stocks in the large market cap category.
In the Electronic Equipment industry, NOK, UI, and MSI are the three stocks most similar to ERICSSON LM TELEPHONE CO regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
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