Columbia Asset Management Purchases 28400 Shares of Nokia Corporation (NYSE:NOK)

Joanna Estrada
September 26, 2017

The firm has "Underperform" rating by CLSA given on Friday, October 28. Columbia Asset Management's holdings in Nokia Corporation were worth $842,000 as of its most recent filing with the Securities and Exchange Commission.

Several other research analysts have also weighed in on the stock. Ariel Investments LLC now owns 32,372,988 shares of the technology company's stock worth $175,462,000 after purchasing an additional 5,650,498 shares in the last quarter. "(The)" was originally reported by Equities Focus and is the property of of Equities Focus.

In a research report revealed this morning, Canaccord Genuity maintained their Hold rating on Nokia Corp (NYSE:NOK) shares. Morgan Stanley set a €5.70 ($6.79) price target on shares of Nokia Oyj and gave the company a buy rating in a research note on Tuesday, June 20th.

February 02, 2017: Nokia Corporation reported Q4 earnings of $0.13, beating consensus estimates of $0.08. The firm has "Buy" rating by Bank of America given on Friday, May 13. The rating was upgraded by Deutsche Bank to "Buy" on Monday, September 21. The firm has "Outperform" rating by Credit Suisse given on Tuesday, December 1.

Nokia Corporation (NYSE:NOK) is in the hot stocks list these days and recently its volume moved to 14,153,836 from 11,290,100, its standard daily volume, scoring a 2,863,736 change. $6.94's average target is 15.67% above currents $6 stock price. Nokia Oyj (ADR) (NYSE:NOK) has risen 19.54% since September 25, 2016 and is uptrending. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of USA & global trademark & copyright laws. DE acquired a new stake in Nokia Corporation in the 2nd quarter valued at approximately $119,000. The firm has a 50-day moving average of $6.25 and a 200-day moving average of $6.01. The company's market capitalization is $33.91 billion. Nord/LB set a €6.00 ($7.14) target price on Nokia Oyj and gave the stock a "buy" rating in a research report on Wednesday, August 23rd.

Investors wait Nokia Oyj (ADR) (NYSE:NOK) to report on October, 26 before the open. its quarterly earnings Wall Street analysts expect $0.06 EPS, up $0.01 or 20.00 % from last year's $0.05 same quarter earnings.

The company has mean EPS estimate of 0.11 reported by 9 number of analyst for the quarter ending Current Qtr.(Sep2017). About 1,539 shares traded. The business had revenue of $5.63 billion for the quarter, compared to analysts' expectations of $5.64 billion. The analysts estimated EPS for the higher end at 0.08 and lower end at 0.04 while the year ago reported earnings per share was 0.07. The firm's quarterly revenue was up.8% compared to the same quarter past year.

Nokia Corporation (NYSE:NOK) last posted its quarterly earnings results on Thursday, July 27th.

Nokia Oyj is a Finland-based company engaged in the network and Internet protocol (IP) infrastructure, software, and related services market.

Nokia Corporation (NOK) now the company's industry has 12.23 P/E and the sector P/E is 16.08.

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