Nokia Oyj (HEL:NOKIA) has been assigned a €7.30 ($9.01) price target by equities research analysts at Societe Generale in a research report issued to clients and investors on Thursday, January 25th. The brokerage presently has a “buy” rating on the stock. Societe Generale’s price target would suggest a potential upside of 63.31% from the stock’s previous close.
A number of other brokerages have also recently issued reports on NOKIA. BNP Paribas set a €4.20 ($5.19) target price on Nokia Oyj and gave the stock a “neutral” rating in a report on Wednesday, November 8th. JPMorgan Chase & Co. set a €6.50 ($8.02) target price on Nokia Oyj and gave the stock a “buy” rating in a report on Monday, January 8th. UBS Group set a €6.20 ($7.65) target price on Nokia Oyj and gave the stock a “buy” rating in a report on Tuesday, January 16th. Credit Suisse Group set a €4.20 ($5.19) target price on Nokia Oyj and gave the stock a “neutral” rating in a report on Friday, January 5th. Finally, S&P Global set a €5.00 ($6.17) target price on Nokia Oyj and gave the stock a “buy” rating in a report on Thursday, January 4th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of €5.58 ($6.89).
Shares of Nokia Oyj (HEL:NOKIA) traded up €0.08 ($0.10) during mid-day trading on Thursday, hitting €4.47 ($5.52). The stock had a trading volume of 16,130,000 shares, compared to its average volume of 25,720,000. Nokia Oyj has a one year low of €3.81 ($4.70) and a one year high of €5.95 ($7.35). The firm has a market cap of $26,070.00 and a PE ratio of -17.19.
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About Nokia Oyj
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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