In a report issued on February 17, Sebastien Sztabowicz from Kepler Capital maintained a Buy rating on Nokia (NOK), with a price target of EUR4.80. The company’s shares closed last Monday at $4.20.
According to TipRanks.com, Sztabowicz is a 3-star analyst with an average return of 6.8% and a 70.0% success rate. Sztabowicz covers the Consumer Goods sector, focusing on stocks such as Telefonaktiebolaget LM Ericsson, Dialog Semiconductor, and ASM International.
Currently, the analyst consensus on Nokia is a Strong Buy with an average price target of $5.23, which is a 23.6% upside from current levels. In a report issued on February 6, Canaccord Genuity also maintained a Buy rating on the stock with a $5.50 price target.
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The company has a one-year high of $6.42 and a one-year low of $3.33. Currently, Nokia has an average volume of 25.62M.
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Nokia Oyj provides network infrastructure, technology and software services. It operates through the following segments: Ultra Broadband Networks, Global Services, IP Networks and Applications and Nokia Technologies. The Ultra Broadband Networks segment comprises mobile networks and fixed networks.
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