Analysts Set Nokia Oyj (NOKIA) Target Price at $5.56
Nokia Oyj (HEL:NOKIA) has been given an average recommendation of “Buy” by the fourteen research firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is €5.56 ($6.47).
Several equities analysts recently commented on the stock. J P Morgan Chase & Co set a €6.50 ($7.56) price target on shares of Nokia Oyj and gave the stock a “buy” rating in a research report on Monday, July 31st. Goldman Sachs Group, Inc. (The) set a €6.40 ($7.44) price target on shares of Nokia Oyj and gave the stock a “buy” rating in a research report on Thursday, July 13th. Morgan Stanley set a €6.30 ($7.33) price target on shares of Nokia Oyj and gave the stock a “buy” rating in a research report on Thursday, October 5th. Citigroup Inc. set a €5.40 ($6.28) price target on shares of Nokia Oyj and gave the stock a “neutral” rating in a research report on Monday, October 16th. Finally, BNP Paribas set a €4.20 ($4.88) price target on shares of Nokia Oyj and gave the stock a “sell” rating in a research report on Monday, September 25th.
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Shares of Nokia Oyj (HEL NOKIA) traded down €0.01 ($0.01) on Friday, hitting €4.35 ($5.06). 26,920,000 shares of the company traded hands, compared to its average volume of 20,870,000. Nokia Oyj has a fifty-two week low of €3.66 ($4.26) and a fifty-two week high of €5.95 ($6.92).
Nokia Oyj Company Profile
Nokia Oyj is a Finland-based company engaged in the network and Internet protocol (IP) infrastructure, software, and related services market. The Company’s businesses include Nokia Networks and Nokia Technologies. The Company’s segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies.
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