Telefonaktiebolaget LM Ericsson (publ) (ERIC) is currently trading at $10.96 with a Wall Street consensus price target of $10.45, which is 4.7% below the current price over the next 12 months. 6 analysts currently cover ERIC, with a consensus rating of Hold - 17% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $11.4, while the most cautious has a target of $9.2.
ERIC operates in the Technology sector with a market capitalisation of $36B. The stock is up 17.1% year-to-date and is currently trading near the upper end of its 52-week range of $7.16 – $13.77.
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