Nokia Oyj (HEL:NOKIA) received a €5.80 ($7.16) price objective from investment analysts at UBS Group in a note issued to investors on Monday, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s target price suggests a potential upside of 20.33% from the stock’s current price.
Other equities analysts have also recently issued research reports about the company. S&P Global set a €5.00 ($6.17) price objective on Nokia Oyj and gave the company a “buy” rating in a report on Thursday, January 4th. JPMorgan Chase & Co. set a €6.50 ($8.02) price objective on Nokia Oyj and gave the company a “buy” rating in a report on Tuesday, December 12th. Deutsche Bank set a €5.20 ($6.42) target price on Nokia Oyj and gave the company a “buy” rating in a research note on Friday, January 12th. Kepler Capital Markets set a €5.80 ($7.16) target price on Nokia Oyj and gave the company a “buy” rating in a research note on Thursday, February 1st. Finally, Societe Generale set a €7.30 ($9.01) target price on Nokia Oyj and gave the company a “buy” rating in a research note on Thursday, January 25th. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of €5.60 ($6.91).
Nokia Oyj (HEL:NOKIA) traded up €0.02 ($0.02) during trading on Monday, hitting €4.82 ($5.95). The stock had a trading volume of 8,130,000 shares, compared to its average volume of 25,320,000. The firm has a market cap of $27,120.00 and a price-to-earnings ratio of -18.54. Nokia Oyj has a 52 week low of €3.81 ($4.70) and a 52 week high of €5.95 ($7.35).
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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