ERIC has an average analyst ranking of Strong Buy with an average price target of $13.9. Ericsson stock forecast. NIO Inc's number of analysts covering the stock is greater than 79.37% of all US stocks. Find the latest Ericsson (ERIC) stock quote, history, news and other vital information to help you with your stock trading and investing. We will use swing high lows & trend lines to calculate targets. Ericssonâ s shares closed 1.30% higher at SEK 98.26 on Friday; the stock is up over 20% so far this year. The stock is trading up 2.64% this week following yesterday's decline. European Stocks Slip on Virus Concerns; Ericsson ... and said it was "more confident" in meeting its 2020 targets. ERIC has been the subject of a number of other research reports. On average, they expect Telefonaktiebolaget LM Ericsson (publ)'s share price to reach $12.50 in the next year. Ericsson ADR stocks price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) had its target price boosted by Raymond James from $12.00 to $13.50 in a research report released on Wednesday, The Fly reports. Expected sustainable strong demand in 2021, at least, and hike in average selling prices are the main source of optimism. Telefonaktiebolaget L M Ericsson Stock Price Forecast, ERIC stock price prediction. In the latest trading session, Ericsson (ERIC) closed at $12.20, marking a +1.33% move from the previous day. As far as the ABEO stock forecast, the firm gave a target of $8. View today's stock price, news and analysis for Telefon AB L.M. Telefon AB L.M. This is 0.5% more than the trading day before Thursday, 7th Jan 2021. Intel stock forecast & analyst price target predictions based on 24 analysts offering 12-months price targets for INTC in the last 3 months. Ericsson stock price forecast was raised by Independent Research to SEK 110.00 from SEK 93.00, but rated “Hold”. The price/operating cash flow metric for Ericsson Lm Telephone Co is higher than just 9.33% of stocks in our set with a positive cash flow. They retained a buy rating on the stock with a target price of SEK110, up from SEK105.80 in early trading on Wednesday. According to 15 Wall Street analysts that have issued a 1 year BABA price target, the average BABA price target is $330.13, with the highest BABA stock price forecast at $372.00 and the lowest BABA stock price forecast at $260.00. Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know Jan. 5, 2021 at 5:45 p.m. However, it was given one of the most bullish targets of all penny stocks on this list. Price target in 14 days: 12.387 USD. Click Here to get the full Stock Score Report on Telefonaktiebolaget LM Ericsson (ERIC) Stock. Right now, HC Wainwright has a Buy rating on the penny stock. Raymond James currently has an outperform rating on the communications equipment provider’s stock. ERIC's current price/earnings ratio is 170.83, which is higher than 95.38% of US stocks with positive earnings. Like most tech stocks, LM Ericsson (NASDAQ: ERIC) has seen its share value take a wild ride in 2020.From a high close of $9.21 on Feb. 12, Ericsson stock plunged to … NIO has a higher average analyst price target than 96.97% of Automobiles and Trucks stocks. Its average TP of RM8.85. Ericsson stock has yet to recover to July levels, ... Those tracked by The Wall Street Journal give Ericsson stock an overweight rating, with an average $12.02 price target. Start My Free Trial No credit card required. Already a subscriber? How to calculate Stock Price Target?There are many ways to calculate target for stock price. With a current trading price around $1.42, that target is 463% higher than prices … Log In Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. During the day the stock fluctuated 1.08% from a day low at $11.99 to a day high of $12.12. 3 Low Price-Book Ratio Stock Picks Jan. 10, 2021 at 10:06 a.m. Get the latest Ericsson ERIC detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Start your free 7-Day Trial. The average target price of Top Glove Corp Bhd, which has fallen by as much as 40.6% from its peak of RM9.77, is almost 53% higher than yesterday’s closing price of RM5.80. Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know. Close price at the end of the last trading day (Friday, 8th Jan 2021) of the ERIC stock was $12.06. Stock Target Advisor runs millions of automatic calculations on over 75,000 stocks in American, Asian and European Exchanges and compares it with market analyst stock ratings and target stock prices to help you make smart investment decisions and build robust investment portfolios. This suggests a possible upside of 5.4% from the stock's current price. Ericsson (NASDAQ: ERIC) stock research, profile, news, analyst ratings, key statistics, fundamentals, stock price, charts, earnings, guidance and peers on Benzinga. 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 … The average Ericsson Lm Telephone stock price prediction forecasts a potential upside of 16.32% from the current ERIC share price of $11.95. ERIXF: Get the latest Ericsson (Telefon L.M.Ericsson) stock price and detailed information including ERIXF news, historical charts and realtime prices. Canaccord lowered its price target on Ericsson (ERIC) stock to $7 from $8.50 on Wednesday. Other equity analysts also recently updated their stock outlook. View Ericsson ERIC investment & stock information. View Price Target for ERIC Access over 100 stock metrics like Beta, EV/EBITDA, PE10, Free Cash Flow Yield, KZ Index and Cash Conversion Cycle. The upside potential (average analyst target price relative to current price) of NIO is higher than 97.49% of stocks in the large market cap category. Sign in. Net sales break down by product families as follows: - transmission network and telephony equipment and systems (68.2%); - services (28.8%): primarily network management and control and systems integration services; - multimedia equipment (3%). ERIC has been trading bullishly recently. Ericsson ADR (ERIC). Previously, the target price had yet another raise to $9, while Raymond James analysts kept a Outperform rating on ERIC stock. On average, Wall Street analysts predict that Ericsson Lm Telephone's share price could reach $13.90 by Dec 11, 2021. Ericsson ADR (ERIC) stock price, news, historical charts, analyst ratings and financial information from WSJ. 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). ET on GuruFocus.com GSAT Stock Alert: Why IoT Satellite Play Globalstar Is Rocketing Higher Today 16 brokerages have issued 12-month price targets for Telefonaktiebolaget LM Ericsson (publ)'s shares. The Average True Range (ATR) for Telefonaktiebolaget LM Ericsson (publ) is set at 0.21, with the Price to Sales ratio for ERIC stock in the period of the last 12 months amounting to 1.40.