Nokia Oyj (HEL:NOKIA) has been given a €5.20 ($6.19) target price by analysts at Deutsche Bank in a note issued to investors on Friday. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s price objective points to a potential upside of 30.00% from the company’s current price.

A number of other research analysts have also issued reports on the company. Morgan Stanley set a €6.30 ($7.50) target price on Nokia Oyj and gave the company a “buy” rating in a report on Thursday, October 26th. JPMorgan Chase & Co. set a €6.50 ($7.74) target price on Nokia Oyj and gave the company a “buy” rating in a report on Tuesday, December 12th. UBS Group set a €6.50 ($7.74) target price on Nokia Oyj and gave the company a “buy” rating in a report on Thursday, October 26th. Kepler Capital Markets set a €5.80 ($6.90) target price on Nokia Oyj and gave the company a “buy” rating in a report on Friday, October 27th. Finally, Barclays set a €5.20 ($6.19) target price on Nokia Oyj and gave the company a “buy” rating in a report on Thursday, November 2nd. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of €5.58 ($6.65).

Shares of Nokia Oyj (NOKIA) opened at €4.00 ($4.76) on Friday. Nokia Oyj has a one year low of €3.81 ($4.54) and a one year high of €5.95 ($7.08). The firm has a market capitalization of $23,340.00 and a price-to-earnings ratio of -50.00.

COPYRIGHT VIOLATION NOTICE: This report was originally posted by Watch List News and is owned by of Watch List News. If you are viewing this report on another publication, it was illegally copied and republished in violation of U.S. and international trademark and copyright laws. The original version of this report can be accessed at https://www.watchlistnews.com/nokia-oyj-nokia-given-a-5-20-price-target-at-deutsche-bank/1806785.html.

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)

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 Analyst Ratings Network's FREE daily email newsletter.