Nokia Corporation Sponsored American Depositary Shares (NYSE:NOK) "Hold" Rating Reiterated at

James Marshall
November 8, 2017

The company has mean EPS estimate of 0.04 reported by 7 number of analyst for the quarter ending Current Qtr.(Dec2017). The company has a market cap of $29,706.61, a price-to-earnings ratio of 14.14, a price-to-earnings-growth ratio of 1.15 and a beta of 1.24. The mean 12-month price target for the shares is US$290.78. Nokia Corporation (NYSE:NOK)'s short interest is 29.24 million shares, or % of the float. Cowen & Co maintained Nokia Oyj (ADR) (NYSE:NOK) rating on Thursday, October 26.

Sarasin & Partners Llp increased its stake in Prologis Inc (PLD) by 2.02% based on its latest 2017Q2 regulatory filing with the SEC. (TSRO) stock brought in a -$0.42 drop to $112.08.

This company shares (NOK) so far managed to recover 25% since collapsing to its 52-week low. Nokia Oyj (ADR) (NYSE:NOK) has risen 19.54% since November 7, 2016 and is uptrending. Its up 0.03, from 1.23 in 2017Q1. At present, 0 analysts recommended Holding these shares while 0 recommended sell, according to FactSet data. 68 funds opened positions while 179 raised stakes. That compares with the recent volume average of 0.79 million. Rampart Mngmt Communication Ltd Liability Corp owns 6,148 shares. After a recent check, it is observed that the insiders for the firm now own N/A% shares. Wetherby Asset Mngmt Incorporated stated it has 0.18% in Prologis Inc (NYSE:PLD). Kempen Management Nv reported 211,296 shares or 1.17% of all its holdings. Cleararc invested 1.13% in Prologis Inc (NYSE:PLD).

5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of the company stands at 8.15 while the industry's and the sector's growth for next 5 years ticked at 4.12 and 5.14 respectively. Analysts are turning out to be more optimistic than before, with 5 of analysts who cover Nokia Corporation (NYSE:NOK) advice adding it to buy candidate list. Therefore 54% are positive.

According to analysts Nokia Corp (NYSE:NOK)'s minimum EPS for the current quarter is at $0.05 and can go high up to $0.14.

While considering growth estimates of the company, it has next quarter growth estimates of 33.3% whereas during current quarter it has -23.1% estimations over growth, comparing to the estimations of 33.3% during current year and 3.1% for next year. The company was upgraded on Monday, May 16 by Canaccord Genuity. Zacks Investment Research downgraded shares of Nokia Corporation from a buy rating to a hold rating in a research report on Monday, July 17th. On Wednesday, May 11 the stock rating was maintained by M Partners with "Neutral". BB&T Capital initiated the shares of PLD in report on Thursday, November 12 with "Hold" rating. The stock of Nokia Oyj (ADR) (NYSE:NOK) earned "Overweight" rating by JP Morgan on Thursday, February 18. Nokia Corp. The company's 50-day moving average is $4.58 and its 200 day moving average is $5.36. The stock of Prologis Inc (NYSE:PLD) has "Hold" rating given on Sunday, August 20 by Jefferies. The firm has "Buy" rating given on Tuesday, September 22 by Credit Agricole. Advisor Group Inc. bought a new stake in shares of Nokia Corp. during the second quarter worth $127,000.

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