Nokia Oyj (HEL:NOKIA) Receives Average Rating of “Buy” from Analysts
Nokia Oyj (HEL:NOKIA) has received a consensus rating of “Buy” from the nine ratings firms that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating and seven have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is €5.41 ($6.29).
Several research analysts have issued reports on NOKIA shares. UBS Group set a €5.60 ($6.51) target price on Nokia Oyj and gave the company a “buy” rating in a research report on Thursday, August 29th. Goldman Sachs Group set a €4.30 ($5.00) price target on shares of Nokia Oyj and gave the stock a “sell” rating in a research report on Thursday, July 25th. JPMorgan Chase & Co. set a €6.50 ($7.56) price target on shares of Nokia Oyj and gave the stock a “buy” rating in a research report on Thursday, July 25th. Deutsche Bank set a €5.40 ($6.28) price objective on shares of Nokia Oyj and gave the company a “buy” rating in a report on Friday, July 26th. Finally, Credit Suisse Group set a €5.70 ($6.63) price objective on shares of Nokia Oyj and gave the company a “buy” rating in a report on Tuesday.
Nokia Oyj has a twelve month low of €3.81 ($4.43) and a twelve month high of €5.95 ($6.92).
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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