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Nokia (0HAF) Gets a Buy from J.P. Morgan

Tipranks - Thu May 21, 7:24AM CDT

J.P. Morgan analyst Sandeep Deshpande maintained a Buy rating on Nokia today and set a price target of €12.00.

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Deshpande covers the Technology sector, focusing on stocks such as Infineon Technologies AG, Adyen, and Nokia. According to TipRanks, Deshpande has an average return of 18.1% and a 58.48% success rate on recommended stocks.

In addition to J.P. Morgan, Nokia also received a Buy from Deutsche Bank ‘s Robert Sanders MBA in a report issued on May 15. However, on May 5, UBS maintained a Hold rating on Nokia (LSE: 0HAF).

The company has a one-year high of €12.40 and a one-year low of €3.42. Currently, Nokia has an average volume of 18.72M.

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0HAF in relation to earlier this year.

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