" "Kepler Capital Markets Reiterates "€6.30" Price Target for Nokia Oyj (NOKIA)

Finland based company, Nokia Corporation (NOK)'s latest closing price distance was at 24.02% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 11.74% and 2.71% compared with the 20 Day Moving Average. The company operates through three segments: Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies.

Nokia Corporation (NYSE:NOK)'s revenue estimates for the current quarter are $6.11 Billion according to 10 number of analysts, for the current quarter the company has high revenue estimates of $6.41 Billion in contradiction of low revenue estimates of $5.92 Billion. Deutsche Bank AG set a €5.90 ($6.63) target price on shares of Nokia Oyj and gave the stock a "buy" rating in a research note on Thursday, May 4th.

NOK has a 1-year high price of $ 6.65 and 1-year low price of $4.04. It is meant to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. Analysts reported that the Price Target for Nokia Corporation might touch $9 high while the Average Price Target and Low price Target is $6.43 and $4.5 respectively. Goldman Sachs Group Inc set a €6.10 ($6.85) target price on shares of Nokia Oyj and gave the stock a buy rating in a research note on Wednesday, May 24th. JPMorgan Chase & Co. set a €5.50 ($6.18) price target on Nokia Oyj and gave the stock a buy rating in a research report on Monday, January 30th. Morgan Stanley raised Nokia Oyj from an equal weight rating to an overweight rating and raised their price target for the stock from $4.75 to $4.87 in a research note on Tuesday, February 7th. The stock, after opening at $6.43, closed at $6.46 by scoring -1.22%. Nokia Oyj (ADR) (NYSE:NOK) has risen 19.54% since June 6, 2016 and is uptrending. Finally, First Allied Advisory Services Inc. boosted its stake in Nokia Oyj by 83.0% in the fourth quarter. Its last month's stock price volatility remained 5.00% which for the week stands at 4.99%. BMO Capital Markets maintained Nokia Oyj (ADR) (NYSE:NOK) rating on Thursday, May 25. However the company reported $0.03 earnings per share for the same quarter during previous year. The firm's quarterly revenue was down 3.8% on a year-over-year basis. On average, equities research analysts expect that Nokia Oyj will post $0.24 earnings per share for the current fiscal year. Menora Mivtachim Holdings LTD. now owns 30,500 shares of the technology company's stock worth $147,000 after buying an additional 13,000 shares in the last quarter. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 1.26%. Ariel Investments LLC increased its stake in Nokia Oyj by 21.1% in the first quarter. The ex-dividend date is Tuesday, May 23rd. The fund owned 27,534 shares of the technology company's stock after selling 10,587 shares during the period.

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