|Bid||104.40 x 0|
|Ask||104.45 x 0|
|Day's range||103.75 - 104.85|
|52-week range||59.54 - 110.15|
|Beta (5Y monthly)||0.18|
|PE ratio (TTM)||24.21|
|Forward dividend & yield||1.50 (1.45%)|
|Ex-dividend date||01 Oct 2020|
|1y target est||81.10|
The British oil giant also agreed to lease its 1 St James’s Square property in central London back from Lifestyle International for two years.
S&P said on Wednesday it has upgraded its credit rating on telecom gear maker Ericsson to 'BBB-' with a stable outlook following a solid improvement of free cash flow. S&P, whose previous rating on the Swedish firm was BB+, said the stable outlook reflected expectations that Ericsson would post low-single-digit revenue growth, and maintain its adjusted EBITDA margin at 12% to 14%. "We expect Ericsson's annual reported free operating cash flow after lease payments will increase to about 10 billion Swedish crowns in 2020, compared with about 4 billion annually from 2016-2018," S&P said in a statement.
Ericsson (ERIC), in collaboration with Omdia, undertakes a study to find out the 5G consumer revenue opportunity for communications service providers until 2030.