Deutsche Bank Reiterates “€5.80” Price Target for Nokia Oyj (NOKIA)

Nokia Oyj (HEL:NOKIA) has been assigned a €5.80 ($6.74) price target by Deutsche Bank in a research report issued to clients and investors on Monday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock.

A number of other research analysts also recently commented on the stock. Goldman Sachs Group set a €4.70 ($5.47) target price on shares of Nokia Oyj and gave the company a “sell” rating in a research report on Monday. Barclays set a €6.00 ($6.98) target price on shares of Nokia Oyj and gave the company a “buy” rating in a research report on Thursday, April 11th. UBS Group set a €5.90 ($6.86) target price on shares of Nokia Oyj and gave the company a “buy” rating in a research report on Wednesday, April 10th. Credit Suisse Group set a €6.20 ($7.21) target price on shares of Nokia Oyj and gave the company a “buy” rating in a research report on Thursday, March 21st. Finally, Kepler Capital Markets set a €6.00 ($6.98) target price on shares of Nokia Oyj and gave the company a “buy” rating in a research report on Friday, March 1st. Two research analysts have rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of €5.81 ($6.75).

Nokia Oyj has a 52-week low of €3.81 ($4.43) and a 52-week high of €5.95 ($6.92).

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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