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Ericsson Stock Forecast

Recent Ericsson Stock Price   Ericsson Stock Forecast Price
$14.34 Ericsson stock forecast: higher
+11.92%
$16.05
 As of 2021-04-20
Recent Ericsson Analyst Ratings Breakdown
  Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong buy ratings: 2 3 3 3
Buy ratings: 1 1 1 1
Hold ratings: 0 0 0 0
Sell ratings: 0 0 0 0
Strong sell ratings: 0 0 0 0
Average rating: 1.33 1.25 1.25 1.25
In the last row of the above table, the average rating presented is from 1 to 5 where 1 means Strong Buy and 5 means Strong Sell.

The presented Ericsson stock forecast (traded under symbol ERIC), for forward-twelve-months price target as shown at the top of this page, gives you the average Ericsson stock forecast for forward target price for symbol ERIC, across the 4 analysts covering Ericsson (ERIC), as reported in data provided by Zacks Investment Research via Quandl.com.

Investors should also take note that the median Ericsson stock forecast price target (i.e. representing the middle ground number where half of analysts had a higher Ericsson stock forecast and half had a lower Ericsson stock forecast) was $16.0 as of 2021-04-20 (which is a different mathematical metric versus taking the average or mean), while the highest Ericsson stock forecast in the analyst group was $17.2, and the lowest Ericsson stock forecast in the analyst group was $15.0, with a standard deviation of $1.215. Get the latest Zacks research report on ERIC — FREE

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Company Name: 
Ericsson
Website: 
www.ericsson.com
Sector: 
Communications Services
Number of ETFs Holding ERIC: 
4
Total Market Value Held by ETFs: 
$39.12M
Total Market Capitalization: 
$21.84B
% of Market Cap. Held by ETFs: 
0.18%
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Strong Buy (3.67 out of 4)
65th percentile
(ranked higher than approx. 65% of all stocks covered)
Based on Zacks ABR data;
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