Nokia Oyj (HEL:NOKIA) has been assigned a €5.20 ($6.12) price objective by research analysts at Barclays PLC in a research note issued on Thursday. The firm currently has a “buy” rating on the stock. Barclays PLC’s price target suggests a potential upside of 20.37% from the stock’s previous close.
NOKIA has been the topic of several other reports. Morgan Stanley set a €6.30 ($7.41) price objective on Nokia Oyj and gave the stock a “buy” rating in a report on Thursday, October 26th. Goldman Sachs Group, Inc. (The) set a €6.40 ($7.53) price target on Nokia Oyj and gave the company a “buy” rating in a report on Wednesday, September 6th. Credit Suisse Group set a €6.00 ($7.06) price target on Nokia Oyj and gave the company a “buy” rating in a report on Friday, July 28th. Citigroup Inc set a €5.40 ($6.35) price target on Nokia Oyj and gave the company a “neutral” rating in a report on Monday, October 16th. Finally, J P Morgan Chase & Co set a €6.50 ($7.65) price target on Nokia Oyj and gave the company a “buy” rating in a report on Monday, October 23rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and twelve have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of €5.56 ($6.55).
Shares of Nokia Oyj (HEL:NOKIA) traded down €0.03 ($0.04) during trading on Thursday, reaching €4.32 ($5.08). The company had a trading volume of 17,370,000 shares, compared to its average volume of 20,310,000. Nokia Oyj has a 52 week low of €3.66 ($4.31) and a 52 week high of €5.95 ($7.00).
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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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