Report
Stephane Houri

Ericsson : Now the star pupil of the sector and valued accordingly

>Neutral recommendation reiterated, Ericsson’s story, a 5G play, is now well established - More upside for Nokia in the event of a recovery - Following the publication of Q3 2020 that came in well above expectations, we have raised our forecasts by 5.8% for 2020 and 9.6% for 2021. As a result, we have raised our target price to SEK 105 (vs SEK 95). However, we reiterate our Neutral recommendation. Ericsson is now the simplest story in the sector to play 5G, with the g...
Underlying
Telefonaktiebolaget LM Ericsson Class B

Ericsson provides communications technology and services. Co.'s services, software and infrastructure – especially in mobility, broadband and the cloud – enable the telecom industry and other sectors to do business, increase efficiency, improve the user experience and capture new opportunities. Co. has more than 110,000 professionals and customers in more than 180 countries. Co. provides support for networks with more than 2.5 billion subscribers. Co.'s core business areas are called Radio, Core and Transmission and Telecom Services. Co. divides its operations into three business segments: Networks, Global Services and Support Solutions.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Houri

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