Nokia Oyj (HEL:NOKIA) has been given a €4.20 ($5.00) price target by analysts at BNP Paribas in a research note issued to investors on Thursday. The brokerage currently has a “neutral” rating on the stock. BNP Paribas’ target price would suggest a potential downside of 0.47% from the stock’s current price.

A number of other brokerages have also recently commented on NOKIA. Barclays set a €6.50 ($7.74) price objective on shares of Nokia Oyj and gave the stock a “buy” rating in a research note on Friday, October 27th. Goldman Sachs Group set a €5.00 ($5.95) price objective on shares of Nokia Oyj and gave the stock a “buy” rating in a research note on Friday, October 27th. Deutsche Bank set a €5.20 ($6.19) price objective on shares of Nokia Oyj and gave the stock a “buy” rating in a research note on Tuesday, October 31st. Morgan Stanley set a €6.30 ($7.50) price objective on shares of Nokia Oyj and gave the stock a “buy” rating in a research note on Thursday, October 26th. Finally, Citigroup set a €4.60 ($5.48) price objective on shares of Nokia Oyj and gave the stock a “neutral” rating in a research note on Friday, October 27th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of €5.65 ($6.72).

Shares of Nokia Oyj (NOKIA) traded up €0.01 ($0.01) during trading hours on Thursday, reaching €4.22 ($5.02). 36,810,000 shares of the company traded hands, compared to its average volume of 25,260,000. Nokia Oyj has a one year low of €3.93 ($4.68) and a one year high of €5.95 ($7.08).

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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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