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UBS Keeps Their Hold Rating on Nokia (0HAF)

Tipranks - Fri Jul 3, 3:34AM CDT

UBS analyst Francois Xavier Bouvignies maintained a Hold rating on Nokia today and set a price target of €11.00.

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According to TipRanks, Xavier Bouvignies is ranked #650 out of 12296 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nokia with a €11.66 average price target.

Based on Nokia’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of €4.5 billion and a net profit of €86 million. In comparison, last year the company earned a revenue of €4.39 billion and had a GAAP net loss of €59 million

Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0HAF in relation to earlier this year.

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