Morgan Stanley set a €3.70 ($4.30) target price on Nokia Oyj (HEL:NOKIA) in a report published on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other brokerages also recently weighed in on NOKIA. Deutsche Bank set a €4.20 ($4.88) price target on Nokia Oyj and gave the company a buy rating in a report on Thursday, October 31st. JPMorgan Chase & Co. set a €6.50 ($7.56) price target on Nokia Oyj and gave the company a buy rating in a report on Thursday, October 24th. UBS Group set a €5.60 ($6.51) price target on Nokia Oyj and gave the company a buy rating in a report on Friday, October 25th. Credit Suisse Group set a €3.85 ($4.48) price objective on Nokia Oyj and gave the company a neutral rating in a research report on Tuesday, October 29th. Finally, Goldman Sachs Group set a €2.90 ($3.37) price objective on Nokia Oyj and gave the company a sell rating in a research report on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of €4.32 ($5.02).
Nokia Oyj has a twelve month low of €3.81 ($4.43) and a twelve month high of €5.95 ($6.92).
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.
Read More: Dividend Reinvestment Plan (DRIP)
Receive News & Ratings for Nokia Oyj Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nokia Oyj and related companies with MarketBeat.com's FREE daily email newsletter.