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 thirteen analysts that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is €5.65 ($6.72).

Several brokerages have recently weighed in on NOKIA. BNP Paribas set a €4.20 ($5.00) target price on shares of Nokia Oyj and gave the company a “neutral” rating in a research note on Wednesday, November 8th. Morgan Stanley set a €6.30 ($7.50) target price on shares of Nokia Oyj and gave the company a “buy” rating in a research note on Thursday, October 26th. J P Morgan Chase & Co set a €6.50 ($7.74) target price on shares of Nokia Oyj and gave the company a “buy” rating in a research note on Monday, October 23rd. Citigroup set a €5.40 ($6.43) target price on shares of Nokia Oyj and gave the company a “neutral” rating in a research note on Monday, October 16th. Finally, Goldman Sachs Group set a €5.90 ($7.02) target price on shares of Nokia Oyj and gave the company a “buy” rating in a research note on Thursday, October 12th.

Shares of Nokia Oyj (NOKIA) traded up €0.01 ($0.01) during mid-day trading on Thursday, hitting €4.22 ($5.02). 36,810,000 shares of the stock traded hands, compared to its average volume of 25,260,000. Nokia Oyj has a fifty-two week low of €3.93 ($4.68) and a fifty-two week high of €5.95 ($7.08).

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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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