The stocks of NOK put up its rating of equal weight as set by investment analysts working at Barclays in a Thursday research note. The note was then sent to investors and clients.
The Stock Commentary Of NOK
There have been quite a few research equities that have commented on the stocks of NOK. Deutsche Bank has also reaffirmed their rating of buy in a 30th April research report. SEB Enquiry has also increased the rating of the company from hold to buy in a 30th April research note.
SEB Equities has gone down the same road, with a price rating increased from hold to buy in a 30th April research report. DNB Markets has reduced the price rating of the company from buy to sell in a 28th January research report. In the end, Credit Suisse Group reiterated their rating of neutral in a 30th April research report.
One of the investment analysts covering the company gave it a rating of sell, while eight others provided the company with a rating of hold. Close to seven other investment analysts gave the company a rating of buy. Currently, NOK has a hold rating with a $5.75 price target.
The stocks of NOK traded on Thursday at $4.75. The year low of the company is $3.21 with the year high set at $9.79. The market cap of the firm is $26.68 billion, with a 31.67 PE ratio, along with a 12.25 PEG ratio. The moving average price of the company over a period of 50 days is $4.29, with the moving average price of the company set over a period of 200 days set at $4.10. The current ratio of the company is 1.53, with a 0.34 debt-to-equity ratio.
NOK did previously update their quarterly results on the 29th of April. The EPS reported by the company the previous quarter was $0.08, which was more than the consensus estimate of $0.01. The return on equity for the company was 9.34%, with a 3.31% net margin. The revenue generated by the company during this period was $6.12 billion, with the analyst expectation coming to $5.87 billion.