13 Dec Esq. Jonathan Cartu Announces – Should Investors Turn Their Attention to Nokia Oyj…
Nokia Oyj (NYSE:NOK) Stock Upgrade
BidaskScore has increased shares of Nokia Oyj (NYSE:NOK) to a solid “Sell” in a report issued on today.
Nokia Corporation (NYSE:NOK) Ratings Coverage
Among 7 analysts covering Nokia Corporation Sponsored American Depositary Shares (NYSE:NOK), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Nokia Corporation Sponsored American Depositary Shares has $5.5 highest and $3.5 lowest target. $4.37’s average target is 21.39% above currents $3.6 stock price. Nokia Corporation Sponsored American Depositary Shares had 12 analyst reports since July 26, 2019 according to SRatingsIntel. The firm has “Hold” rating by Credit Suisse given on Tuesday, October 29. The firm has “Buy” rating by Canaccord Genuity given on Thursday, October 24. DZ BANK AG downgraded it to “Hold” rating and $3.9 target in Friday, October 25 report. The rating was downgraded by Barclays Capital on Friday, October 25 to “Hold”. Raymond James maintained the stock with “Buy” rating in Thursday, October 24 report. The rating was downgraded by J.P. Morgan on Friday, October 25 to “Hold”. The rating was downgraded by JP Morgan to “Neutral” on Friday, October 25.
The stock increased 0.84% or $0.03 during the last trading session, reaching $3.6. About 7.26 million shares traded. Nokia Corporation (NYSE:NOK) has declined 38.08% since December 13, 2018 and is downtrending. It has underperformed by 38.08% the S&P500.
Analysts await Nokia Corporation (NYSE:NOK) to report earnings on January, 30. They expect $0.14 EPS, down 6.67 % or $0.01 from last year’s $0.15 per share. NOK’s profit will be $777.78 million for 6.43 P/E if the $0.14 EPS becomes a reality. After $0.06 actual EPS reported by Nokia Corporation for the previous quarter, Wall Street now forecasts 133.33 % EPS growth.
Nokia Corporation, together with its subsidiaries, provides network infrastructure and related services worldwide. The company has market cap of $20.00 billion. The firm operates through three divisions: Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies. It currently has negative earnings. It offers mobile networking solutions, such as hardware, software, and services for telecommunications operators, enterprises, and related markets/verticals; radio access network solutions; Internet protocol multimedia subsystem/voice over LTE, subscriber data management and other virtualized software infrastructure solutions; backhaul solutions; and network planning, implementation, operations, and maintenance solutions.
More notable recent Nokia Corporation (NYSE:NOK) news were published by: Investorplace.com which released: “Nokia Stock Wonâ€™t Recover Until It Restores Dividend Payments – Investorplace.com” on November 13, 2019, also Investorplace.com with their article: “Nokia Stock Without the Dividend is Simply Not Any Kind of Speculative Buy – Investorplace.com” published on November 20, 2019, Nasdaq.com published: “How Big Could Disney+ Be? – Nasdaq” on December 11, 2019. More interesting news about Nokia Corporation (NYSE:NOK) were released by: Finance.Yahoo.com and their article: “If You Own Nokia Stock, Prepare for More of the Same Disappointments – Yahoo Finance” published on November 22, 2019 as well as Bizjournals.com‘s news article titled: “Lenovo denies ripping off Nokia’s technology – Triangle Business Journal” with publication date: December 11, 2019.
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