Telefonaktiebolaget LM Ericsson (ERIC) stock is up 12.3% over the last 30 days and has gained 4.40% over the last 12 months. The average rating from Wall Street analysts is a Moderate Buy. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives ERIC stock a score of 43 out of a possible 100.
That score is mainly influenced by a fundamental score of 22. In addition to the average rating from Wall Street analysts, ERIC stock has a mean target price of $10.20. This means analysts expect the stock to increase 13.21% over the next 12 months. ERIC's score also includes a long-term technical score of 51. The short-term technical score for ERIC is 56.
Click Here to get the full Stock Score Report on Telefonaktiebolaget LM Ericsson (ERIC).
What's Happening with ERIC Stock Today
Telefonaktiebolaget LM Ericsson (ERIC) stock is higher by 4.65% while the S&P 500 has gained 0.25% as of 12:37 PM on Thursday, Oct 17. ERIC has gained $0.40 from the previous closing price of $8.61 on volume of 13,838,678 shares. Over the past year the S&P 500 is up 6.67% while ERIC has gained 4.40%. ERIC lost -$0.20 per share in the over the last 12 months.
