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

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $15.17
Forecasted Upside: 12.93 %
Number of Analysts: 16
Breakdown:
0 Sell Ratings
3 Hold Ratings
13 Buy Ratings
0 Strong Buy Ratings

^$13.43 As of 05/18/2021 01:02 PM ET

▲ +0.27 (2.05%)

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.

^$15.17

▲ +12.93% 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 $15.17, with a high forecast of $19.00 and a low forecast of $13.00. The average price target represents a 12.93% upside from the last price of $13.43.

Buy

The current consensus among 16 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

1 strong buy ratings
7 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

11/24/2019

1 strong buy ratings
10 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

2/22/2020

1 strong buy ratings
11 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

5/22/2020

0 strong buy ratings
12 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

8/20/2020

0 strong buy ratings
13 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

11/18/2020

0 strong buy ratings
13 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

2/16/2021

0 strong buy ratings
13 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

4/17/2021

0 strong buy ratings
13 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

5/17/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
5/7/2021	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight		Medium	i
4/23/2021	Barclays	Reiterated Rating	Overweight		Low	i
4/23/2021	Morgan Stanley	Reiterated Rating	Overweight		Low	i
4/22/2021	Cowen	Boost Price Target	Outperform	$17.00 ➝ $19.00	Low	i
4/14/2021	Barclays	Reiterated Rating	Overweight		Medium	i
4/8/2021	Credit Suisse Group	Reiterated Rating	Outperform		Low	i
4/7/2021	Raymond James	Reiterated Rating	Buy		Low	i
3/15/2021	SEB Equities	Upgrade	Hold ➝ Buy		Low	i
3/15/2021	SEB Equity Research	Upgrade	Buy		Low	i
2/1/2021	Barclays	Reiterated Rating	Overweight		Low	i
2/1/2021	JPMorgan Chase & Co.	Reiterated Rating	Overweight		Low	i
2/1/2021	Morgan Stanley	Reiterated Rating	Overweight		Low	i
2/1/2021	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold		Low	i
2/1/2021	Credit Suisse Group	Reiterated Rating	Outperform		Low	i
2/1/2021	Cowen	Boost Price Target	Outperform	$15.00 ➝ $17.00	Low	i
1/22/2021	Nordea Equity Research	Upgrade	Hold ➝ Buy		Low	i
1/14/2021	Barclays	Reiterated Rating	Overweight		Low	i
11/20/2020	UBS Group	Reiterated Rating	Neutral		Low	i
11/12/2020	Societe Generale	Upgrade	Hold ➝ Buy		Medium	i
10/22/2020	Barclays	Reiterated Rating	Overweight		Low	i
10/22/2020	Credit Suisse Group	Reiterated Rating	Outperform		Low	i
10/22/2020	JPMorgan Chase & Co.	Reiterated Rating	Overweight		Low	i
10/22/2020	Morgan Stanley	Reiterated Rating	Overweight		Low	i
10/22/2020	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold		Low	i
10/22/2020	Societe Generale	Reiterated Rating	Hold		Low	i
10/22/2020	Danske	Upgrade	Hold ➝ Buy		Low	i
10/21/2020	Raymond James	Boost Price Target	Outperform	$12.00 ➝ $13.50	Low	i
9/29/2020	Credit Suisse Group	Reiterated Rating	Outperform		Low	i
9/21/2020	Charter Equity	Reiterated Rating	Buy		Medium	i
9/21/2020	Raymond James	Lower Price Target	Outperform	$12.50 ➝ $12.00	Medium	i
7/20/2020	JPMorgan Chase & Co.	Reiterated Rating	Overweight		Low	i
7/20/2020	Morgan Stanley	Reiterated Rating	Overweight		Low	i
7/20/2020	Bank of America	Boost Price Target	Buy	$10.50 ➝ $13.00	Medium	i
7/20/2020	Citigroup	Reiterated Rating	Buy		High	i
6/22/2020	Raymond James	Boost Price Target	Outperform	$9.00 ➝ $10.00	Low	i
4/17/2020	Credit Suisse Group	Reiterated Rating	Outperform		Low	i
3/30/2020	Cowen	Upgrade	Market Perform ➝ Outperform		High	i
3/27/2020	DZ Bank	Reiterated Rating	Buy		Low	i
3/27/2020	Raymond James	Upgrade	Market Perform ➝ Outperform	$9.00	Low	i
3/26/2020	Canaccord Genuity	Reiterated Rating	Buy	$11.00	Medium	i Rating by Michael Walkley at Canaccord Genuity
1/27/2020	Danske	Upgrade	Hold ➝ Buy		Medium	i
1/27/2020	Kepler Capital Markets	Upgrade	Hold ➝ Buy		Medium	i
1/24/2020	Canaccord Genuity	Reiterated Rating	Buy	$11.00	Low	i
1/16/2020	Barclays	Upgrade	Equal Weight ➝ Overweight		Low	i
1/13/2020	Citigroup	Upgrade	Neutral ➝ Buy		Medium	i
10/18/2019	New Street Research	Initiated Coverage	Neutral		Low	i
10/18/2019	Charter Equity	Upgrade	Market Perform ➝ Buy		Low	i
10/1/2019	Canaccord Genuity	Upgrade	Hold ➝ Buy		High	i
9/20/2019	DZ Bank	Upgrade	Hold ➝ Buy		Low	i
7/29/2019	The Goldman Sachs Group	Upgrade	Buy ➝ Conviction-Buy	$11.50	Low	i
7/19/2019	Cowen	Reiterated Rating	Hold	$9.00	Low	i
7/1/2019	Santander	Downgrade	Buy ➝ Hold		Low	i
5/29/2019	New Street Research	Downgrade	Neutral ➝ Sell		Low	i
5/24/2019	Credit Suisse Group	Upgrade	Neutral ➝ Outperform	$9.98	Low	i
5/22/2019	Bank of America	Upgrade	Neutral ➝ Buy	$9.85	High	i
4/21/2019	Cowen	Reiterated Rating	Hold	$10.00	Low	i
12/20/2018	Raymond James	Upgrade	Underperform ➝ Market Perform		Medium	i
10/19/2018	Argus	Upgrade	Hold ➝ Buy		Low	i
10/18/2018	BMO Capital Markets	Reiterated Rating	Hold		High	i
9/28/2018	Canaccord Genuity	Boost Price Target	Hold ➝ Hold	$8.50 ➝ $9.00	Medium	i
9/19/2018	Credit Suisse Group	Upgrade	Underperform ➝ Hold	$7.19 ➝ $8.00	Low	i Rating by Achal Sultania at Credit Suisse Group AG
9/17/2018	JPMorgan Chase & Co.	Reiterated Rating	Buy		Low	i Rating by Sandeep Deshpande at JPMorgan Chase & Co.
9/13/2018	Bank of America	Boost Price Target	Neutral	$8.50 ➝ $8.70	Low	i
9/5/2018	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight		Low	i
7/25/2018	Bank of America	Upgrade	Underperform ➝ Neutral		Low	i
7/20/2018	Raymond James	Downgrade	Market Perform ➝ Underperform		Low	i
7/18/2018	DZ Bank	Reiterated Rating	$8.27		Medium	i
4/23/2018	Charter Equity	Upgrade	Market Perform ➝ Buy		Low	i
4/20/2018	BMO Capital Markets	Reiterated Rating	Hold		Low	i
4/20/2018	Cowen	Upgrade	Underperform ➝ Market Perform	$3.00 ➝ $7.00	Medium	i
4/11/2018	Berenberg Bank	Initiated Coverage	Hold ➝ Hold		Medium	i Rating by Josep Bori at Berenberg Bank
2/5/2018	Bank of America	Downgrade	Buy ➝ Underperform		High	i
2/1/2018	Canaccord Genuity	Reiterated Rating	Hold ➝ Hold	$6.50 ➝ $6.00	Low	i
12/21/2017	Canaccord Genuity	Reiterated Rating	Hold	$6.50	Low	i
11/9/2017	Citigroup	Downgrade	Buy ➝ Neutral		N/A	i
10/23/2017	Canaccord Genuity	Lower Price Target	Hold ➝ Hold	$5.75 ➝ $5.25	N/A	i
10/20/2017	BMO Capital Markets	Reiterated Rating	Hold	$6.00	N/A	i
10/19/2017	Cowen	Downgrade	Underperform		N/A	i
10/3/2017	Credit Suisse Group	Downgrade	Neutral ➝ Underperform	$6.00 ➝ $4.65	Low	i
9/22/2017	Canaccord Genuity	Lower Price Target	Hold	$6.00 ➝ $5.25	Low	i
9/21/2017	BNP Paribas	Upgrade	Neutral ➝ Outperform		Low	i
8/31/2017	Danske	Downgrade	Buy ➝ Hold		Low	i
8/26/2017	JPMorgan Chase & Co.	Reiterated Rating	Neutral		Low	i Rating by Sandeep Deshpande at JPMorgan Chase & Co.
7/18/2017	Canaccord Genuity	Reiterated Rating	Hold	$6.00	Medium	i
7/18/2017	JPMorgan Chase & Co.	Reiterated Rating	Hold		Low	i Rating by Sandeep Deshpande at JPMorgan Chase & Co.
6/30/2017	Canaccord Genuity	Reiterated Rating	Neutral ➝ Neutral - Hold	$7.00	Low	i
6/14/2017	Societe Generale	Initiated Coverage	Hold		Low	i
6/8/2017	Citigroup	Initiated Coverage	Buy ➝ Buy		Low	i
6/2/2017	Bank of America	Reiterated Rating	Buy ➝ Buy		Low	i
4/29/2017	Cowen	Reiterated Rating	Market Perform	$4.00 ➝ $3.00	Low	i
4/12/2017	Credit Suisse Group	Upgrade	Underperform ➝ Neutral		Low	i
3/29/2017	Sanford C. Bernstein	Upgrade	Market Perform ➝ Outperform		Medium	i
3/17/2017	BMO Capital Markets	Reiterated Rating	Market Perform		Low	i
3/9/2017	The Goldman Sachs Group	Upgrade	Sell ➝ Buy	$5.70 ➝ $7.80	Low	i Rating by Alexander Duval at The Goldman Sachs Group, Inc.
2/22/2017	Bank of America	Reiterated Rating	Buy		N/A	i
1/28/2017	Wells Fargo & Company	Reiterated Rating	Market Perform		N/A	i
1/27/2017	Charter Equity	Upgrade	Mkt Underperform ➝ Mkt Perform		N/A	i
1/19/2017	The Goldman Sachs Group	Downgrade	Neutral ➝ Sell	$6.00	N/A	i
1/17/2017	UBS Group	Reiterated Rating	Neutral		N/A	i Rating by Gary Jenkins at UBS Group AG
12/16/2016	Bank of America	Upgrade	Neutral ➝ Buy		N/A	i
12/15/2016	Danske	Upgrade	Sell ➝ Buy		N/A	i
12/9/2016	Wells Fargo & Company	Reiterated Rating	Market Perform		N/A	i
10/25/2016	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral		N/A	i
10/21/2016	DNB Markets	Downgrade	Buy ➝ Hold		N/A	i
10/15/2016	BNP Paribas	Reiterated Rating	Hold		N/A	i Rating by Alexandre Faure at BNP Paribas
10/15/2016	Cowen	Reiterated Rating	Market Perform	$6.00	N/A	i Rating by Paul Silverstein at Cowen Inc
10/13/2016	Argus	Reiterated Rating	Hold		N/A	i
10/13/2016	Canaccord Genuity	Reiterated Rating	Hold	$7.00 ➝ $5.50	N/A	i
10/13/2016	BMO Capital Markets	Reiterated Rating	Market Perform	$7.00	N/A	i Rating by Tim Long at BMO Capital Markets
10/13/2016	Natixis	Downgrade	Buy ➝ Neutral		N/A	i
10/10/2016	Morgan Stanley	Reiterated Rating	Neutral		N/A	i
9/28/2016	BNP Paribas	Reiterated Rating	Hold		N/A	i
9/26/2016	Credit Suisse Group	Upgrade	Underperform ➝ Neutral		N/A	i
8/12/2016	Morgan Stanley	Reiterated Rating	Neutral		N/A	i
7/26/2016	Bank of America	Reiterated Rating	Hold		N/A	i Rating by Kai Korschelt at Bank of America Co.
7/25/2016	BMO Capital Markets	Reiterated Rating	Hold	$7.00	N/A	i Rating by Tim Long at BMO Capital Markets
7/21/2016	UBS Group	Downgrade	Buy ➝ Neutral		N/A	i
7/20/2016	Canaccord Genuity	Lower Price Target	Hold	$8.50 ➝ $7.00	N/A	i
7/20/2016	Charter Equity	Downgrade	Market Perform ➝ Underperform		N/A	i
7/18/2016	BMO Capital Markets	Reiterated Rating	Hold	$8.00	N/A	i Rating by Tim Long at BMO Capital Markets
7/6/2016	Barclays	Upgrade	Underweight ➝ Equal Weight		N/A	i
6/21/2016	The Goldman Sachs Group	Upgrade	Sell ➝ Neutral		N/A	i Rating by Alexander Duval at The Goldman Sachs Group, Inc.

(Data available from 5/18/2016 forward)

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment offers 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 provides products and services for operators in the areas of business support systems, operations support systems, cloud core, cloud communication, and cloud infrastructure, as well as consulting, learning, and testing services. The Managed Services segment offers 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, including Internet of Things; iconectiv; Cradlepoint that provides wireless edge WAN 4G and 5G enterprise solutions; and Red Bee Media, MediaKind, and other new businesses. It operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

Today's Range

Now: $13.43

$13.33

$13.48

50 Day Range

MA: $13.69

$12.97

$14.34

52 Week Range

Now: $13.43

$8.46

$15.31

Volume

212,446 shs

Average Volume

7,330,512 shs

Market Capitalization

$44.78 billion

P/E Ratio

28.58

Dividend Yield

1.13%

Beta

0.47

Frequently Asked Questions

What sell-side analysts currently cover shares of Telefonaktiebolaget LM Ericsson (publ)?

The following Wall Street research analysts have issued reports on Telefonaktiebolaget LM Ericsson (publ) in the last year: Bank of America Co., Barclays PLC, Charter Equity, Citigroup Inc., Cowen Inc, Credit Suisse Group AG, Danske, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Morgan Stanley, Nordea Equity Research, Raymond James, SEB Equities, SEB Equity Research, Societe Generale, TheStreet, UBS Group AG, and Zacks Investment Research.
View the latest analyst ratings for ERIC.

What is the current price target for Telefonaktiebolaget LM Ericsson (publ)?

3 Wall Street analysts have set twelve-month price targets for Telefonaktiebolaget LM Ericsson (publ) in the last year. Their average twelve-month price target is $15.17, suggesting a possible upside of 15.2%. Cowen Inc has the highest price target set, predicting ERIC will reach $19.00 in the next twelve months. Bank of America Co. has the lowest price target set, forecasting a price of $13.00 for Telefonaktiebolaget LM Ericsson (publ) in the next year.
View the latest price targets for ERIC.

What is the current consensus analyst rating for Telefonaktiebolaget LM Ericsson (publ)?

Telefonaktiebolaget LM Ericsson (publ) currently has 3 hold ratings and 13 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe ERIC will outperform the market and that investors should add to their positions of Telefonaktiebolaget LM Ericsson (publ).
View the latest ratings for ERIC.

What other companies compete with Telefonaktiebolaget LM Ericsson (publ)?

Other companies that are similar to Telefonaktiebolaget LM Ericsson (publ) include QUALCOMM, Ntt Docomo, Motorola Solutions, Nokia, Ubiquiti, CommScope, Viasat, EchoStar, Maxar Technologies, Cambium Networks, Vuzix, Loral Space & Communications Inc., Casa Systems, Harmonic and Comtech Telecommunications.

How do I contact Telefonaktiebolaget LM Ericsson (publ)'s investor relations team?

Telefonaktiebolaget LM Ericsson (publ)'s physical mailing address is TORSHAMNSGATAN 21 - 23, STOCKHOLM V7, 16483. The communications equipment provider's listed phone number is 46-1-071-900-00 and its investor relations email address is [email protected] The official website for Telefonaktiebolaget LM Ericsson (publ) is www.ericsson.com.