Nokia Oyj (HEL:NOKIA) has been assigned a €6.20 ($7.38) price objective by stock analysts at Goldman Sachs Group, Inc. (The) in a research note issued on Thursday. The brokerage presently has a “buy” rating on the stock.

Other analysts also recently issued reports about the company. J P Morgan Chase & Co set a €6.50 ($7.74) price target on Nokia Oyj and gave the company a “buy” rating in a research note on Saturday, May 20th. UBS AG set a €6.70 ($7.98) price target on Nokia Oyj and gave the company a “buy” rating in a research note on Monday, May 29th. Nord/LB set a €6.00 ($7.14) price target on Nokia Oyj and gave the company a “neutral” rating in a research note on Monday, May 29th. Citigroup Inc. set a €6.00 ($7.14) price target on Nokia Oyj and gave the company a “neutral” rating in a research note on Friday, June 9th. Finally, Morgan Stanley set a €5.70 ($6.79) price target on Nokia Oyj and gave the company a “buy” rating in a research note on Tuesday, June 20th. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of €5.98 ($7.12).

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About Nokia Oyj

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.

Analyst Recommendations for Nokia Oyj (HEL:NOKIA)

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