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Barclays Reaffirms Their Sell Rating on Telefonaktiebolaget LM Ericsson Class B (0O87)
In a report released on April 1, Simon Coles from Barclays maintained a Sell rating on Telefonaktiebolaget LM Ericsson Class B, with a price target of SEK85.00. The company’s shares closed last Wednesday at SEK108.30.
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According to TipRanks, Coles is a 4-star analyst with an average return of 3.7% and a 52.50% success rate.
Currently, the analyst consensus on Telefonaktiebolaget LM Ericsson Class B is a Hold with an average price target of SEK92.57.
The company has a one-year high of SEK112.60 and a one-year low of SEK65.94. Currently, Telefonaktiebolaget LM Ericsson Class B has an average volume of 7.99M.
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