Telefonaktiebolaget LM Ericsson Class B (0O87): New Sell Recommendation for This Technology Giant
Bernstein analyst Ulrich Rathe maintained a Sell rating on Telefonaktiebolaget LM Ericsson Class B today and set a price target of SEK73.00.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
According to TipRanks, Rathe is an analyst with an average return of -2.6% and a 55.75% success rate.
In addition to Bernstein, Telefonaktiebolaget LM Ericsson Class B also received a Sell from UBS’s Francois Xavier Bouvignies in a report issued today. However, on January 16, Citi maintained a Hold rating on Telefonaktiebolaget LM Ericsson Class B (LSE: 0O87).
The company has a one-year high of SEK98.56 and a one-year low of SEK65.94. Currently, Telefonaktiebolaget LM Ericsson Class B has an average volume of 5.97M.
Read More on GB:0O87:
Disclaimer & DisclosureReport an Issue
- Ericsson reports Q4 EPS SEK 2.57 vs. SEK 1.44 last year
- Ericsson to propose raised dividend of SEK 3.00 per share, SEK 15B share buyback
- Huawei criticizes EU’s plan to phase-out high-risk tech, Reuters reports
- 0O87 Upcoming Earnings Report: What to Expect?
- Ericsson price target raised to SEK 98 from SEK 95 at Citi
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.