NASDAQ:ERIC - Telefonaktiebolaget LM Ericsson Price Target & Analyst Ratings Sign in or create an account to add this stock to your watchlist. Get Started $9.21 -0.01 (-0.11 %) (As of 02/21/2019 01:56 PM ET)Previous Close$9.22Today's Range$9.20 - $9.3452-Week Range$6.00 - $9.45Volume324,571 shsAverage Volume6.37 million shsMarket Capitalization$30.71 billionP/E Ratio307.17Dividend Yield0.81%Beta0.53 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Analyst Ratings Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Price Target and Consensus Rating (How are Consensus Ratings Calculated?) MarketBeat calculates 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). MarketBeat's 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. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.10 Wall Street analysts have issued ratings and price targets for Telefonaktiebolaget LM Ericsson in the last 12 months. Their average twelve-month price target is $8.1750, suggesting that the stock has a possible downside of 11.24%. The high price target for ERIC is $9.00 and the low price target for ERIC is $7.00. There are currently 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of "Hold."Today30 Days Ago90 Days Ago180 Days AgoConsensus Rating: HoldHoldHoldHoldConsensus Rating Score: 2.302.302.202.00Ratings Breakdown: 0 Sell Rating(s)7 Hold Rating(s)3 Buy Rating(s)0 Strong Buy Rating(s)0 Sell Rating(s)7 Hold Rating(s)3 Buy Rating(s)0 Strong Buy Rating(s)1 Sell Rating(s)6 Hold Rating(s)3 Buy Rating(s)0 Strong Buy Rating(s)2 Sell Rating(s)8 Hold Rating(s)2 Buy Rating(s)0 Strong Buy Rating(s)Consensus Price Target: $8.1750$8.1750$8.1750$5.9125Price Target Upside: 11.24% downside6.57% downside11.14% downside27.36% downsideTelefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Consensus Price Target History Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Analyst Ratings History Show: Only the Most Recent Rating From Each Brokerage All Ratings For This Stock DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails12/20/2018Raymond JamesUpgradeUnderperform ➝ Market PerformMedium10/19/2018ArgusUpgradeHold ➝ BuyLow10/18/2018BMO Capital MarketsReiterated RatingHoldHigh9/28/2018Canaccord GenuityBoost Price TargetHold ➝ Hold$8.50 ➝ $9.00Medium9/19/2018Credit Suisse GroupUpgradeUnderperform ➝ Hold$7.19 ➝ $8.00Low9/17/2018JPMorgan Chase & Co.Reiterated RatingBuyLow9/13/2018Bank of AmericaBoost Price TargetNeutral$8.50 ➝ $8.70Low7/18/2018DZ BankReiterated Rating$8.27Medium4/23/2018Charter EquityUpgradeMarket Perform ➝ BuyLow4/20/2018CowenUpgradeUnderperform ➝ Market Perform$3.00 ➝ $7.00Medium4/11/2018Berenberg BankInitiated CoverageHold ➝ HoldMedium11/9/2017CitigroupDowngradeBuy ➝ NeutralN/A9/21/2017BNP ParibasUpgradeNeutral ➝ OutperformLow8/31/2017DanskeDowngradeBuy ➝ HoldLow6/14/2017Societe GeneraleInitiated CoverageHoldLow3/29/2017Sanford C. BernsteinUpgradeMarket Perform ➝ OutperformMedium3/9/2017Goldman Sachs GroupUpgradeSell ➝ Buy$5.70 ➝ $7.80Low(Data available from 2/21/2017 forward) This page was last updated on 2/21/2019 by MarketBeat.com StaffFeatured Article: How are Outstanding Shares Different from Authorized Shares?