Brokerages Set Nokia Corp (NOKIA) Target Price at $5.65

Shares of Nokia Corp (HEL:NOKIA) have received a consensus rating of “Buy” from the fourteen ratings firms that are currently covering the stock. Two equities research analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is €5.65 ($6.07).

A number of research analysts recently weighed in on the stock. Deutsche Bank AG set a €4.80 ($5.16) target price on shares of Nokia Corp and gave the company a “buy” rating in a report on Friday, February 3rd. Morgan Stanley set a €5.00 ($5.38) target price on shares of Nokia Corp and gave the company a “neutral” rating in a report on Thursday, February 2nd. JPMorgan Chase & Co. set a €5.50 ($5.91) target price on shares of Nokia Corp and gave the company a “buy” rating in a report on Monday, February 6th. S&P Global set a €5.00 ($5.38) target price on shares of Nokia Corp and gave the company a “buy” rating in a report on Friday, February 3rd. Finally, S&P Global Inc set a €4.50 ($4.84) target price on shares of Nokia Corp and gave the company a “buy” rating in a report on Tuesday, November 29th.

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About Nokia Corp

Nokia Corporation is a global provider of network infrastructure and related services, with a focus on mobile broadband, as well as advanced technology development and licensing. The Company’s businesses include Nokia Networks and Nokia Technologies. The Company’s segments include Mobile Broadband, Global Services, Nokia Networks Other and Nokia Technologies.

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