Nokia Oyj (HEL:NOKIA) Given Average Recommendation of “Buy” by Brokerages

Nokia Oyj (HEL:NOKIA) has been given an average rating of “Buy” by the eleven research firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating and nine have issued a buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is €5.60 ($6.51).

NOKIA has been the topic of a number of research analyst reports. UBS Group set a €5.90 ($6.86) price objective on shares of Nokia Oyj and gave the company a “buy” rating in a research note on Monday, February 25th. Deutsche Bank set a €5.80 ($6.74) price objective on shares of Nokia Oyj and gave the company a “buy” rating in a research note on Monday, April 15th. JPMorgan Chase & Co. set a €6.50 ($7.56) price objective on shares of Nokia Oyj and gave the company a “buy” rating in a research note on Tuesday, April 23rd. Kepler Capital Markets set a €6.00 ($6.98) price objective on shares of Nokia Oyj and gave the company a “buy” rating in a research note on Friday, March 1st. Finally, Goldman Sachs Group set a €4.30 ($5.00) price objective on shares of Nokia Oyj and gave the company a “sell” rating in a research note on Wednesday, May 1st.

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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Analyst Recommendations for Nokia Oyj (HEL:NOKIA)

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