Bernstein Keeps Their Sell Rating on Telefonaktiebolaget LM Ericsson Class B (0O87)
In a report released today, Ulrich Rathe from Bernstein maintained a Sell rating on Telefonaktiebolaget LM Ericsson Class B, with a price target of SEK73.00.
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According to TipRanks, Rathe is an analyst with an average return of -2.4% and a 54.46% success rate.
Telefonaktiebolaget LM Ericsson Class B has an analyst consensus of Moderate Sell, with a price target consensus of SEK87.56.
Based on Telefonaktiebolaget LM Ericsson Class B’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of SEK55.34 billion and a net profit of SEK10.97 billion. In comparison, last year the company earned a revenue of SEK61.79 billion and had a net profit of SEK3.81 billion
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