Nokia Oyj (NOKIA) Given Consensus Rating of “Buy” by Brokerages
Nokia Oyj (HEL:NOKIA) has been given a consensus recommendation of “Buy” by the fourteen research firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and twelve have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is €5.56 ($6.55).
A number of equities analysts have commented on NOKIA shares. J P Morgan Chase & Co set a €6.50 ($7.65) price objective on Nokia Oyj and gave the stock a “buy” rating in a research note on Monday, July 31st. Goldman Sachs Group, Inc. (The) set a €6.40 ($7.53) price objective on Nokia Oyj and gave the stock a “buy” rating in a research note on Thursday, July 13th. Morgan Stanley set a €6.30 ($7.41) price objective on Nokia Oyj and gave the stock a “buy” rating in a research note on Thursday, October 5th. Citigroup Inc. set a €5.40 ($6.35) price objective on Nokia Oyj and gave the stock a “neutral” rating in a research note on Monday, October 16th. Finally, BNP Paribas set a €4.20 ($4.94) target price on Nokia Oyj and gave the company a “sell” rating in a report on Monday, September 25th.
Nokia Oyj (NOKIA) traded down €0.03 ($0.04) during trading on Friday, reaching €4.32 ($5.08). The company’s stock had a trading volume of 17,370,000 shares, compared to its average volume of 20,310,000. Nokia Oyj has a 12-month low of €3.66 ($4.31) and a 12-month high of €5.95 ($7.00).
COPYRIGHT VIOLATION NOTICE: “Nokia Oyj (NOKIA) Given Consensus Rating of “Buy” by Brokerages” was first posted by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another publication, it was stolen and reposted in violation of United States and international copyright legislation. The correct version of this story can be accessed at https://www.americanbankingnews.com/2017/11/05/nokia-oyj-nokia-given-consensus-rating-of-buy-by-brokerages.html.
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.
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.