Credit Suisse Group Analysts Give Nokia Oyj (NOKIA) a €4.20 Price Target
Nokia Oyj (HEL:NOKIA) has been given a €4.20 ($5.00) price target by research analysts at Credit Suisse Group in a research report issued to clients and investors on Friday. The firm currently has a “neutral” rating on the stock. Credit Suisse Group’s price target would suggest a potential upside of 4.48% from the stock’s current price.
A number of other analysts have also issued reports on NOKIA. Barclays set a €6.50 ($7.74) price target on Nokia Oyj and gave the stock a “buy” rating in a research note on Thursday, September 7th. Goldman Sachs Group set a €6.20 ($7.38) price objective on Nokia Oyj and gave the stock a “buy” rating in a research report on Thursday, September 14th. UBS Group reiterated a “buy” rating on shares of Nokia Oyj in a research report on Tuesday, September 19th. BNP Paribas set a €4.20 ($5.00) price objective on Nokia Oyj and gave the stock a “sell” rating in a research report on Monday, September 25th. Finally, Societe Generale set a €8.10 ($9.64) price objective on Nokia Oyj and gave the stock a “buy” rating in a research report on Wednesday, September 27th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of €5.58 ($6.65).
Shares of Nokia Oyj (HEL:NOKIA) opened at €4.02 ($4.79) on Friday. The stock has a market capitalization of $23,450.00 and a P/E ratio of -50.25. Nokia Oyj has a 12 month low of €3.81 ($4.54) and a 12 month high of €5.95 ($7.08).
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.
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