Share Rating Recap: Nokia Corp (NOK)

Author

24 June, 2017

Nokia Corporation (NOK)'s mean Altman Z-Score: 1.60 during the last 7 years. The stock has $730.83 Million outstanding shares. Citigroup Inc. assumed coverage on Nokia Corporation in a research note on Thursday, June 8th.

Volatility of the shares is also to be considered while making the investment decisions. Stifel Financial Corp raised its position in Nokia Corporation by 0.6% in the first quarter.

COPYRIGHT VIOLATION WARNING: "Nokia Corporation's (NOK) "Market Perform" Rating Reiterated at BMO Capital Markets" was originally reported by Chaffey Breeze and is the property of of Chaffey Breeze.

A number of hedge funds and other institutional investors have recently modified their holdings of NOK. The stock exchanged hands 13.08 Million shares versus average trading capacity of 16.35 Million shares. The company has a market cap of $37.07 Billion. Nokia Corporation has a 12 month low of $4.04 and a 12 month high of $6.65. Nokia Oyj (ADR) (NYSE:NOK) has risen 19.54% since June 20, 2016 and is uptrending.

Many analysts are providing their Estimated Earnings analysis for Nokia Corporation and for the current quarter 11 analysts have projected that the stock could give an Average Earnings estimate of $0.05/share.

Debt to Equity ratio stands at 0.24 while Long Term Debt To Equity Ratio flashes the value of 0.21.

In Communication Equipment Industry, Nokia Corporation (NOK) have 5.82 billion outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

The market capitalization for the company is reported at $1.87 billion, while the P/E ratio yielded by the company was 0.00. Vetr raised shares of Nokia Corporation from a buy rating to a strong-buy rating and set a $5.80 price target for the company in a report on Thursday, February 23rd. On average, analysts anticipate that Nokia Corporation will post $0.24 EPS for the current fiscal year.

More notable recent Western Digital Corp (NASDAQ:WDC) news were published by: Nytimes.com which released: "Japan Government-Led Group Tells Toshiba to Fix Chip Spat With Western Digital ..." on June 20, 2017, also Bloomberg.com with their article: "Western Digital Plans New Offer for Toshiba Chip Unit" published on June 02, 2017, Seekingalpha.com published: "When Will Western Digital Raise Its Dividend?" on June 13, 2017. Investors of record on Friday, May 26th were paid a dividend of $0.1824 per share.

Nokia Corporation (NOK)'s RSI (Relative Strength Index) is 61.43.

ILLEGAL ACTIVITY NOTICE: "Global X Management Co". Menora Mivtachim Holdings LTD. boosted its stake in shares of Nokia Corporation by 74.3% in the fourth quarter. If you are accessing this article on another publication, it was illegally copied and republished in violation of United States & worldwide copyright & trademark law. The legal version of this report can be read at https://www.chaffeybreeze.com/2017/06/20/nokia-oyjs-nok-market-perform-rating-reiterated-at-bmo-capital-markets-updated-updated-updated.html.

A number of research analysts have recently weighed in on NOK shares.

Before looking at the financial values or the trading statistics of Nokia Corporation (NOK), we will start our analysis with the SMA or Simple Moving Average values. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. Finally, Societe Generale assumed coverage on Nokia Corporation in a research note on Wednesday, June 14th. The consensus recommendation by Thomson Reuters analysts is Hold and their mean rating for the stock is 2.59 on scale of 1-5.

Nokia Oyj (HEL:NOKIA) has been given a €6.50 ($7.22) price target by equities research analysts at J P Morgan Chase & Co in a report issued on Friday, May 26th. Finally, Canaccord Genuity reissued a hold rating and issued a $6.00 price target on shares of Nokia Corporation in a report on Friday, May 5th. Bank of America Corporation reaffirmed a neutral rating on shares of Nokia Corporation in a research note on Friday, June 2nd.

Among 28 analysts covering Microsoft Corporation (NASDAQ:MSFT), 23 have Buy rating, 1 Sell and 4 Hold.

Price targets show what analysts believes a stock will be worth at the end of a certain time period.

Nokia Corporation is engaged in the network and Internet protocol (IP) infrastructure, software, and related services market.

During its current trading session, the company finished business at $34.36.


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