Nokia Oyj (HEL:NOKIA) Given a €5.80 Price Target by UBS Group Analysts

UBS Group set a €5.80 ($7.16) target price on Nokia Oyj (HEL:NOKIA) in a research report sent to investors on Friday, February 16th, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also recently commented on the company. Bank of America set a €5.25 ($6.48) price target on Nokia Oyj and gave the stock a buy rating in a report on Monday, February 5th. JPMorgan Chase & Co. set a €6.50 ($8.02) price target on Nokia Oyj and gave the stock a buy rating in a report on Monday, February 5th. Societe Generale set a €8.30 ($10.25) price target on Nokia Oyj and gave the stock a buy rating in a report on Monday, February 5th. Kepler Capital Markets set a €5.80 ($7.16) price target on Nokia Oyj and gave the stock a buy rating in a report on Thursday, February 1st. Finally, Goldman Sachs Group set a €4.50 ($5.56) price target on Nokia Oyj and gave the stock a neutral rating in a report on Friday, February 2nd. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Nokia Oyj currently has a consensus rating of Buy and a consensus price target of €5.60 ($6.91).

Shares of Nokia Oyj (HEL NOKIA) traded down €0.05 ($0.06) during trading hours on Friday, reaching €4.71 ($5.81). 16,180,000 shares of the company’s stock traded hands, compared to its average volume of 24,660,000. The firm has a market capitalization of $26,510.00 and a P/E ratio of -18.12. Nokia Oyj has a one year low of €3.81 ($4.70) and a one year high of €5.95 ($7.35).

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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.

Analyst Recommendations for Nokia Oyj (HEL:NOKIA)

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