01 August, 2017
Current price level places the company's stock about -3.76% from the 52-week high and 58.42% away from the 52-week low. M Partners maintained the shares of NOK in report on Wednesday, May 11 with "Neutral" rating. They issued a buy rating for the company. Credit Agricole initiated it with "Buy" rating and $8.0 target in Tuesday, September 22 report. They issued a neutral rating and a $6.00 target price for the company. Canaccord Genuity reissued a hold rating and issued a $7.00 price objective on shares of Nokia Corporation in a research note on Thursday. Wells Fargo & Company restated a "market perform" rating on shares of Nokia Corporation in a research report on Friday, June 16th. Credit Suisse Group set a €5.75 ($6.69) price objective on shares of Nokia Oyj and gave the company a "buy" rating in a research report on Friday, April 28th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have assigned a buy rating to the company.
Additionally on 2/07/17 Morgan Stanley "Upgrades" Nokia Corp (NYSE:NOK) to Overweight setting price target at $0 and on 1/13/17 Natixis "Upgrades" the stock to Buy at $0.
Nokia Corp (NYSE:NOK) shares traded -0.16% down during most recent session to reach at the closing price of $6.39. The company had a trading volume of 13,364,951 shares. While the company's share hit the 52 week high on 05/23/17 stationing the value of $6.65. Sell-side analyst recommendations point to a short term price target of $6.7 on the company shares. The stock exchanged hands 21.63 Million shares versus average trading capacity of 15.49 Million shares, yielding a market cap of $37.5 Billion. (The) in a report released on Thursday, July 13th. However the company reported $0.05 earnings per share for the same quarter during a year ago. Nokia Corporation had a positive return on equity of 6.57% and a negative net margin of 2.82%. The company had revenue of $5.63 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same period in the prior year, the business posted $0.03 earnings per share. The firm's quarterly revenue was up.8% compared to the same quarter previous year.
A number of other equities analysts have also commented on the company. If you are accessing this article on another publication, it was illegally stolen and republished in violation of United States and worldwide trademark and copyright legislation.
The stock grabbed 46 new institutional investments totaling 12,102,494 shares while 28 institutional investors sold out their entire positions totaling 5,922,607 shares. Smithbridge Asset Management Inc. The brokerage presently has a "buy" rating on the stock.
TRADEMARK VIOLATION NOTICE: This article was first published by Week Herald and is the property of of Week Herald. Cutter & CO Brokerage Inc. boosted its stake in Nokia Corporation by 14.6% in the first quarter. Chevy Chase Trust Holdings Inc. acquired a new stake in Nokia Corporation during the first quarter worth $136,000. Similar statistics are true for the second largest owner, Levin Capital Strategies, L.P., which owns 47,572,957 shares of the stock are valued at $304.47 million.
Nokia Oyj is a Finland-based company engaged in the network and Internet protocol infrastructure, software, and related services market.
