17 Nov Specialist Jonathan Cartu Writes – This is what analysts have to say about Nokia Corporation…
Nokia Corporation (NYSE:NOK) Ratings Coverage
Among 7 analysts covering Nokia (NYSE:NOK), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Nokia has $5.5 highest and $3.5 lowest target. $4.37’s average target is 26.67% above currents $3.45 stock price. Nokia had 12 analyst reports since May 21, 2019 according to SRatingsIntel. DZ BANK AG downgraded Nokia Corporation (NYSE:NOK) rating on Friday, October 25. DZ BANK AG has “Hold” rating and $3.9 target. The rating was maintained by Raymond James on Thursday, October 24 with “Buy”. JP Morgan downgraded the shares of NOK in report on Friday, October 25 to “Neutral” rating. The firm earned “Hold” rating on Friday, October 25 by J.P. Morgan. The firm has “Hold” rating given on Friday, October 25 by Barclays Capital. On Tuesday, October 29 the stock rating was downgraded by Credit Suisse to “Hold”. The stock of Nokia Corporation (NYSE:NOK) earned “Buy” rating by Canaccord Genuity on Thursday, October 24. Below is a list of Nokia Corporation (NYSE:NOK) latest ratings and price target changes.
29/10/2019 Broker: Credit Suisse Rating: Hold New Target: $4.27 Downgrade
25/10/2019 Broker: Barclays Capital Rating: Hold New Target: $3.5 Downgrade
25/10/2019 Broker: DZ BANK AG Rating: Hold New Target: $3.9 Downgrade
25/10/2019 Broker: J.P. Morgan Rating: Hold New Target: $4.2 Downgrade
24/10/2019 Broker: Raymond James Rating: Buy New Target: $5 Maintain
26/10/2019 Broker: BidaskScore Rating: Sell Downgrade
24/10/2019 Broker: Canaccord Genuity Rating: Buy New Target: $5.5 Maintain
25/10/2019 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Old Target: $7.5000 New Target: $4.2000 Downgrade
18/10/2019 Broker: BidaskScore Rating: Sell Upgrade
04/10/2019 Broker: BidaskScore Rating: Sell Downgrade
The stock increased 2.37% or $0.08 during the last trading session, reaching $3.45. About 28.51M shares traded or 1.37% up from the average. Nokia Corporation (NYSE:NOK) has declined 1.64% since November 17, 2018 and is downtrending. It has underperformed by 1.64% the S&P500.
Nokia Corporation, together with its subsidiaries, provides network infrastructure and related services worldwide. The company has market cap of $19.16 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: Fool.com which released: “Why Nokia Shares Crashed Hard Today – Motley Fool” on October 24, 2019, also Seekingalpha.com with their article: “Morgan Stanley bullish on Ericsson, Neutral on Nokia – Seeking Alpha” published on November 08, 2019, Fool.com published: “Why Ford Motor, Nokia, and eBay Slumped Today – Motley Fool” on October 24, 2019. More interesting news about Nokia Corporation (NYSE:NOK) were released by: Investorplace.com and their article: “Despite a Rough Quarter, Thereâ€™s a Solid Speculative Case for Nokia Stock – Investorplace.com” published on November 13, 2019 as well as Seekingalpha.com‘s news article titled: “Nokia Q3 2019 Earnings Preview – Seeking Alpha” with publication date: October 23, 2019.
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