AllAnalyst Report
logoArgusFebruary 02, 2021

Telefonaktiebolaget LM Ericsson (publ): Continued 5G momentum; reiterating BUY and $16 target

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Earnings Estimate

Founded in 1876 and based in Sweden, LM Ericsson Telephone Co. is a provider of telecommunications products, offering end-to-end solutions for major mobile communication standards. As a major supplier to mobile and fixed networks worldwide, Ericsson equipment is used globally and enjoys a large market share in both emerging and developed markets.

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SymbolNamePriceMarket CapPE Growth Rate(5Y)Net MarginEPS Growth(1Y)Argus Rating

Analyst Profile

James Kelleher, CFA

Director of Research & Senior Analyst Technology
Jim has worked in the financial services industry for over 25 years and joined Argus in 1993. He is director of research at Argus and a member of the Investment Policy Committee. Jim has been instrumental in building Argus' proprietary valuation models, which are a key part of the proprietary Argus Six-Point Rating System. He also oversees Argus' technical analysis products; writes the Portfolio Selector report and other publications; and manages several Argus model portfolios. As a Senior Analyst, Jim covers Communications Equipment, Semiconductors, Information Processing and Electronic Manufacturing Services companies. he is a CFA charter-holder, and is a three-time winner in The Wall Street Journal's "Best on the Street" All-Star Analyst Survey. In July 2010, McGraw-Hill Professional published Jim's book, "Equity Valuation for Analysts & Investors." The book, a single-volume treatment of financial modeling and valuation process, introduces the Argus proprietary valuation methodology known as Peer Derived Value.