Nokia Oyj (HEL:NOKIA) has been given a €4.50 ($5.06) price target by investment analysts at UBS Group in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock.
Several other research firms have also weighed in on NOKIA. JPMorgan Chase & Co. set a €3.80 ($4.27) price objective on Nokia Oyj and gave the stock a “neutral” rating in a research note on Wednesday. Deutsche Bank set a €4.80 ($5.39) price target on Nokia Oyj and gave the company a “buy” rating in a research report on Thursday, June 25th. Barclays set a €3.25 ($3.65) price target on Nokia Oyj and gave the stock a “neutral” rating in a research note on Friday, May 1st. Credit Suisse Group set a €3.50 ($3.93) price objective on shares of Nokia Oyj and gave the company a “neutral” rating in a research note on Monday, May 4th. Finally, Goldman Sachs Group set a €3.30 ($3.71) target price on shares of Nokia Oyj and gave the stock a “neutral” rating in a report on Thursday, July 2nd. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of €4.03 ($4.52).
Nokia Oyj has a 12-month low of €3.81 ($4.28) and a 12-month high of €5.95 ($6.69).
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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