Nokia Oyj (NOKIA) Given a €5.20 Price Target at Deutsche Bank
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.
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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.
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