Nokia Corporation Sponsored found using ticker (NOK) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 8 and 6.08 calculating the mean target price we have 7.41. Given that the stocks previous close was at 5.97 this would imply there is a potential upside of 24.1%. The 50 day MA is 5.91 while the 200 day moving average is 5.63. The market cap for the company is $33,557m. Company Website: https://www.nokia.com
The potential market cap would be $41,651m based on the market concensus.
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Nokia Corporation provides mobile and fixed network solutions worldwide. The company operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. It focuses on mobile radio including macro radio, small cells, and cloud native radio solutions for communications service providers and enterprises; and provides network planning and optimization, network implementation, and systems integration, as well as company-wide managed services. The company also offers fixed networking solutions, such as copper and fiber access products, solutions, and services. In addition, it provides network infrastructure and professional services for mobile networks; and managed services for the fixed, mobile, Internet protocol (IP), and optical domains. Further, the company offers network planning, implementation, operation, and maintenance services. Additionally, it provides IP/optical networking solutions, including IP routing and optical transport systems, software, and services; software solutions, such as customer experience management, network operations and management, communications and collaborations, and policy and charging, as well as cloud, IoT, security, and analytics platforms; and submarine networks and radiofrequency systems. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland.