Kepler Capital Sticks to Their Hold Rating for Telefonaktiebolaget LM Ericsson Class B (0O87)

Kepler Capital analyst Sebastien Sztabowicz maintained a Hold rating on Telefonaktiebolaget LM Ericsson Class B on October 14 and set a price target of SEK80.00. The company’s shares closed last Tuesday at SEK89.89.

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Sztabowicz covers the Technology sector, focusing on stocks such as Soitec SA, Nordic Semiconductor ASA, and STMicroelectronics NV. According to TipRanks, Sztabowicz has an average return of -4.5% and a 43.97% success rate on recommended stocks.

Currently, the analyst consensus on Telefonaktiebolaget LM Ericsson Class B is a Hold with an average price target of SEK79.17.

0O87 market cap is currently SEK261.7B and has a P/E ratio of 10.64.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0O87 in relation to earlier this year.