Nokia Oyj (NOKIA) Receives Consensus Rating of “Buy” from Analysts

Shares of Nokia Oyj (HEL:NOKIA) have been given an average recommendation of “Buy” by the fourteen ratings firms that are covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is €5.58 ($6.89).

Several research firms have issued reports on NOKIA. Barclays set a €6.50 ($8.02) 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 ($6.17) target price on shares of Nokia Oyj and gave the stock a “buy” rating in a research report on Friday, October 27th. Credit Suisse Group set a €4.85 ($5.99) target price on shares of Nokia Oyj and gave the stock a “neutral” rating in a research report on Friday, February 2nd. Deutsche Bank set a €5.20 ($6.42) target price on shares of Nokia Oyj and gave the stock a “buy” rating in a research report on Tuesday, October 31st. Finally, S&P Global set a €5.00 ($6.17) target price on shares of Nokia Oyj and gave the stock a “buy” rating in a research report on Thursday, January 4th.

Nokia Oyj (NOKIA) traded down €0.01 ($0.01) on Tuesday, reaching €4.46 ($5.51). 12,020,000 shares of the company’s stock traded hands, compared to its average volume of 25,720,000. Nokia Oyj has a 12 month low of €3.81 ($4.70) and a 12 month high of €5.95 ($7.35). The stock has a market capitalization of $26,030.00 and a P/E ratio of -17.15.

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Nokia Oyj Company Profile

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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