Wall Street is positive on Telefonaktiebolaget LM Ericsson ADR Class B (ERIC). On average, analysts give the stock a Buy rating. The average price target is $6.864, which means analysts expect the stock to gain by 18.55% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 19, which is better than 19% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating ERIC a Buy today. Find out what this means to you and get the rest of the rankings on ERIC!
Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported.
InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.
What's Happening With Telefonaktiebolaget LM Ericsson ADR Class B Stock Today?