Nokia (NOK) Set to Announce Quarterly Earnings on Tuesday
Nokia (NYSE:NOK) is set to issue its Q114 quarterly earnings data on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $4.01 billion for the quarter.
Shares of Nokia (NYSE:NOK) opened at 7.27 on Monday. Nokia has a 52 week low of $3.25 and a 52 week high of $8.20. The stock has a 50-day moving average of $7. and a 200-day moving average of $7.52. The company’s market cap is $26.989 billion.
A number of research firms have recently commented on NOK. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Nokia in a research note on Tuesday, March 11th. On a related note, analysts at Canaccord Genuity upgraded shares of Nokia from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. They now have a $10.00 price target on the stock, up previously from $8.00. Finally, analysts at Zacks upgraded shares of Nokia from a “neutral” rating to an “outperform” rating in a research note on Friday, February 7th. They now have a $8.50 price target on the stock. Six investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and fifteen have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $12.33.
Nokia Oyj is a Finland-based company engaged in the manufacture of mobile devices and networks. It operates three business segments.
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