Zacks Rating on Nokia Corporation (NOK)

Nokia Corporation (NOK) : Zacks Investment Research ranks Nokia Corporation (NOK) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 2, which indicates as a Buy.

Nokia Corporation (NOK) : The highest level Nokia Corporation (NOK) is projected to reach is $8 for the short term and the lowest estimate is at $6. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $6.68 and the possibility the share price can swing is $0.8.


Nokia Corporation has lost 1.21% in the last five trading days and dropped 1.72% in the last 4 weeks. Nokia Corporation is up 12.52% in the last 3-month period. Year-to-Date the stock performance stands at -14.09%. Nokia Corporation (NYSE:NOK): stock turned positive on Tuesday. Though the stock opened at $5.67, the bulls momentum made the stock top out at $5.74 level for the day. The stock recorded a low of $5.66 and closed the trading day at $5.71, in the green by 1.06%. The total traded volume for the day was 13,775,369. The stock had closed at $5.65 in the previous days trading.

Nokia Corporation is a Finland-based telecommunication and network infrastructure company. The Company operates through two business segments: Nokia Networks and Nokia Technologies. Nokia Networks offers network infrastructure software, hardware and services, and is divided into Mobile Broadband and Global Services. Nokia Technologies develops and licenses technologies and manages an Intellectual Property (IP) portfolio of approximately 10,000 patent families consisted of approximately 30,000 individual patents and patent applications. The Company holds a majority stake in Alcatel-Lucent, among others, and owns operations and research and development (R&D) facilities in Europe, North America and Asia.

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