Nokia Oyj (HEL:NOKIA) received a €5.70 ($6.33) price objective from equities researchers at Morgan Stanley in a research note issued on Tuesday. The firm presently has a “buy” rating on the stock.

Several other equities analysts also recently issued reports on the stock. Citigroup Inc. set a €6.00 ($6.67) price target on shares of Nokia Oyj and gave the company a “neutral” rating in a research note on Friday, June 9th. Barclays PLC set a €6.50 ($7.22) price target on shares of Nokia Oyj and gave the company a “buy” rating in a research note on Friday, June 9th. J P Morgan Chase & Co set a €6.50 ($7.22) price target on shares of Nokia Oyj and gave the company a “buy” rating in a research note on Thursday, June 1st. Kepler Capital Markets set a €6.30 ($7.00) price target on shares of Nokia Oyj and gave the company a “buy” rating in a research note on Thursday, June 1st. Finally, Nord/LB set a €6.00 ($6.67) price target on shares of Nokia Oyj and gave the company a “neutral” rating in a research note on Monday, May 29th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Nokia Oyj has a consensus rating of “Buy” and an average target price of €5.87 ($6.52).

Analyst Recommendations for Nokia Oyj (HEL:NOKIA)

COPYRIGHT VIOLATION WARNING: “Morgan Stanley Analysts Give Nokia Oyj (NOKIA) a €5.70 Price Target” was published by American Banking News and is owned by of American Banking News. If you are accessing this piece on another domain, it was stolen and republished in violation of US & international copyright & trademark laws. The original version of this piece can be read at https://www.americanbankingnews.com/2017/06/20/morgan-stanley-analysts-give-nokia-oyj-nokia-a-5-70-price-target.html.

About Nokia Oyj

Nokia Corporation is 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.

Receive News & Ratings for Nokia Oyj Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nokia Oyj and related companies with MarketBeat.com's FREE daily email newsletter.