Nokia Oyj (NOK) Earns Hold Rating from Canaccord Genuity

Chou Associates Management Inc. reduced its position in Nokia Corporation (NYSE:NOK) by 54.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). SOL Capital Management CO now owns 99,137 shares of the technology company's stock worth $537,000 after buying an additional 29,076 shares during the period. Nokia Corporation makes up about 2.4% of Chou Associates Management Inc.'s holdings, making the stock its 14th biggest holding.

Several other brokerages also recently weighed in on NOKIA. Comerica Bank increased its position in shares of Nokia Oyj by 13.5% in the fourth quarter. Wall Street experts also assign a $6.81 price target on Nokia Corporation, pointing towards a 15.23% rally from current levels. The value of the investment in Nokia Corporation Sponsored Ame went from $4,323,000 to $8,349,000 increasing 93.1% quarter over quarter. Royal Bank of Canada boosted its position in Nokia Corporation by 56.7% in the 2nd quarter. Trellus Management Company Llc sold 130,000 shares as Nokia Corp (NOK)'s stock rose 22.38%. If you are viewing this article on another publication, it was illegally copied and reposted in violation of United States and global trademark and copyright law.

ILLEGAL ACTIVITY NOTICE: "Nokia Corporation (NOK) Stake Raised by Parametric Portfolio Associates LLC" was published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this news story on another domain, it was copied illegally and republished in violation of USA and worldwide copyright & trademark legislation. The legal version of this article can be accessed at A total number of 9 analysts provided estimations over revenues. Oppenheimer Holdings Inc. reissued a hold rating on shares of Nokia Oyj in a research report on Thursday, April 27th. The firm has "Market Perform" rating given on Wednesday, November 16 by BMO Capital Markets. Nokia had 39 analyst reports since August 26, 2015 according to SRatingsIntel. The rating was upgraded by Credit Suisse on Tuesday, December 1 to "Outperform".

Analysts have given a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Nokia Oyj has a consensus rating of Buy and an average price target of €6.14 ($7.23). About 7.15M shares traded. About 7.15 million contracts were traded on 07-Oct-17 compared to daily average volume of 10.84 million shares. The stock was trading at a distance of -11.13% from its 52-week highs and stands 46.29% away from its 52-week lows. Citigroup initiated the stock with "Hold" rating in Thursday, June 8 report.

Xiaomi Mi MIX 2 To be Launched in India - Buy @ Flipkart (Exclusively)
The Indian e-commerce major today tweeted a video revealing that the Mi Mix 2 will be exclusively available on Flipkart. The dual-camera is accompanied by an LED flash just beneath it, and a fingerprint sensor just below that.

Kerala: CPI(M) observes hartal to protest bomb attack in Kannur
Tension has prevailed in Kannur ever since Jan Raksha Yatra completed it's Kannur session on October 5. On Saturday evening, four CPI (M) workers had been attacked near Kathirur allegedly by BJP workers.

China Open: Rafael Nadal defeats Grigor Dimitrov to enter final
Victory in Beijing gives Nadal his 75th career crown, moving to within two titles of John McEnroe for fourth on the Open Era list. The Spaniard won nine games in a row on his way to a comprehensive 6-2 6-1 victory to reclaim the trophy he last won in 2005.

Nokia Corporation (NOK) remained successful in beating the consensus-estimated $0.05 as it actually earned $0.09 per share in its last reported financial results. The firm had revenue of $5.63 billion for the quarter, compared to analyst estimates of $5.64 billion. Nokia Corporation had a positive return on equity of 8.20% and a negative net margin of 1.78%. The institutional investor held 260,139 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q2, valued at $1.60 million, up from 187,061 at the end of the previous reported quarter. They expect $0.06 EPS, up 20.00% or $0.01 from last year's $0.05 per share.

Nokia Corporation is maintained at an average outperform rating by 15 stock analysts, and there are at least 0.4% of shares outstanding that are now legally short sold.

Nokia Corporation is engaged in the network and Internet protocol (IP) infrastructure, software, and related services market.

Nokia Corporation (NOK) now the company's industry has 12.51 P/E and the sector P/E is 16.41. The Company's segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies.

Related News:

  • SBUX) — Starbucks Corporation (NASDAQ

    The stock of Ascena Retail Group Inc (NASDAQ:ASNA) is a huge mover today! The stock has "Buy" rating by on Monday, October 10. Robert Boucai increased its stake in Otonomy Inc (OTIC) by 20.75% based on its latest 2017Q2 regulatory filing with the SEC.

    Laurel Wealth Advisors Inc. Reduces Position in Magellan Midstream Partners LP (MMP)

    The institutional investors in our partner's database reported: 408.41 million shares, down from 411.29 million shares in 2017Q1. It increased, as 38 investors sold MMP shares while 153 reduced holdings. 15 funds opened positions while 51 raised stakes.
    Jack Ryan Gets On the Plane in Amazon's Tense Teaser Trailer

    Jack Ryan Gets On the Plane in Amazon's Tense Teaser Trailer

    Amazon is still mum on the release date for Jack Ryan , only touting a release sometime in 2017. I never really got into Hunt For Red October and Sum of all Fears though.
  • Investors Buy Shares of Coca-Cola Company (The) (KO) on Weakness

    Investors Buy Shares of Coca-Cola Company (The) (KO) on Weakness

    Finally, Macquarie started coverage on shares of Coca-Cola European Partners PLC in a research report on Thursday, September 14th. On average, equities research analysts anticipate that Coca-Cola Company will post $1.90 earnings per share for the current year.
    Blackwater founder Prince weighing US Senate run

    Blackwater founder Prince weighing US Senate run

    Erik Prince, brother of Education Secretary Betsy Devos , would challenge establishment Republican Senator John Barrasso . Mitch McConnell, R-Ky., the Senate majority leader, put him in Bannon's sights, according to The Post.
    India expects reasonable oil prices from OPEC

    India expects reasonable oil prices from OPEC

    The two shipments of 1.6 million barrels of American crude oil were landed at the Paradip Port, Odisha on October 2. Pradhan also suggested that Opec at its ministerial meetings give wider consideration to India's requests.
  • Avocados and Bananas Can Help Prevent Heart Disease

    Avocados and Bananas Can Help Prevent Heart Disease

    You can also eat artichokes as they have 345 mg potassium or snack on seedless raisins, which gives you 270 mg potassium. Official NHS advice is to consume 3,500mg of potassium each day, a quarter of which could be met by eating two bananas .
    Girardi's last hope - Tanaka

    Girardi's last hope - Tanaka

    Bauer, who is 11-1 in his last 14 starts, struck out Judge again in the fourth, but the All-Star reached on a wild pitch. Looking to see the You can live stream Game 3 of the ALDS between the Yankees and Indians on the FOX Sports Go website.
    Defense Against 'Deviance': What Is the Iranian Revolutionary Guard Corps?

    Defense Against 'Deviance': What Is the Iranian Revolutionary Guard Corps?

    Also as with North Korea, there is an element of instability and paranoia that makes Iranian actions unpredictable. The Rev Guards may not be designated as a terrorist group, but that's not relevant.
  • Flint water crisis: MI  medical officer charged with manslaughter

    Flint water crisis: MI medical officer charged with manslaughter

    New charges are expected to be filed against the state's chief medical executive for her role in the Flint water crisis. Some experts have blamed the outbreak on Flint's use of the Flint River for the city's water supply.

    Were Analysts Bearish Kimberly Clark Corp (NYSE:KMB) This Week?

    Washington Co holds 0.05% or 6,421 shares. 554.73 million shares or 1.32% less from 562.14 million shares in 2017Q1 were reported. The investment professionals in our partner's database reported: 241.30 million shares, up from 238.87 million shares in 2017Q1.
    National Team Manager Confirms Marouane Fellaini Has Suffered Knee Ligament Damage

    National Team Manager Confirms Marouane Fellaini Has Suffered Knee Ligament Damage

    Holland have to beat second-placed Sweden, who trail group leaders France by a point, by seven goals to reach the play-offs. In a post on social media , Belgium said Fellaini has had a scan and will be "out for a couple of weeks".

Most liked

YouTube Bans Bump Stock Instructional Videos
That includes videos that are trying to sell or promote firearms, as well as conversion devices and a device called a bump stock. One user wrote, "YouTube is removing bump-fire videos and issuing strikes to channels that have them, seriously, WTF YouTube?"

Bell wants Steelers to ride with him
One of those heavy-running games came in Kansas City, an 18-16 Divisional Round playoff win for Pittsburgh. Going forward, it would behove the Steelers to run their offense through Bell.

South Korea prepared to bomb the North's electrical grid
"We expect the bomb to paralyze North Korea's key missile and nuclear weapon bases and power stations", the source added. The graphite bomb is a non-lethal munition used to disable enemy power grids.

Oil prices rise amid OPEC comments
At 0610 GMT, December WTI Crude Oil is trading $49.83, up $0.18 or +0.36% and January Brent Crude Oil is at $55.54, up $0.18 or +0.33%.

Can't open your News-Journal app? Here's the fix
This new-old version of the software should work with any official ringtones you've snagged, audiobooks and iTunes U downloads . Conversely, apps designed for an earlier version of iOS might not take full advantage of optimizations in the latest version.

Johnson Financial Group Inc. Sells 17085 Shares of Texas Instruments Incorporated (TXN)
July 26 investment analysts at Citigroup left the stock rating at "Buy" and raised the price expectation from $62.00 to $97.00. The stock of Texas Instruments Incorporated (NASDAQ: TXN ) has "Buy" rating given on Friday, September 22 by Jefferies.

Barcelona mayor warns against Catalonia independence declaration
She called for members of the Catalan government "who still respect democracy and freedom to refrain from jumping into the void". Rajoy has said the central government could take direct control of Catalonia , which now enjoys a measure of autonomy.

Emails Shed Light on Trump Tower Meeting
Agalarov denies that he ever met with a Russian prosecutor about the USA presidential campaign, as Goldstone wrote. Michael Tremonte, a lawyer for Akhmetshin, said that the lobbyist was invited to the meeting over lunch.

What's Better? - Buy or Sell: UnitedHealth Group Incorporated (NYSE: UNH)
Following the transaction, the insider now owns 195,625 shares of the company's stock, valued at approximately $38,755,268.75. Shareholders of record on Friday, September 8th were issued a dividend of $0.75 per share. (NYSE:NBL) for 220,701 shares.

Old Town Hall lights up for Mental Health
World Health Organization forecasts that the prevalence of depression, as one of the more prominent mental illnesses , will increase.

'Blade Runner 2049' Makes Slight Gain With $32.8 Million Opening Weekend
Regal Entertainment also experienced a decline, as its shares dipped by more than 4.59% from Friday's closing price. Shares of IMAX (IMAX - Free Report ) sunk 3.56%, while Cinemark Holdings ( CNK - Free Report) dipped by 3.77%.

British mother Nazanin Zaghari-Ratcliffe facing 16 more years in Iranian jail
The first 130 days of her imprisonment were spent in solitary confinement between Kamran Prison and later Evin Prison. Every day that they are keeping my daughter away from me, from both her parents, they will be punished.

White House, top Republicans, and NRA open to 'bump stock' regulation
Speaker Paul Ryan said in an interview with MSNBC that aired Thursday it's "clearly something we need to look into". The president is an incredible advocate of the First Amendment", Sanders replied.

You're about to start seeing a lot more esports on Hulu
Player , Bootcamp , Defining Moments , and ESL Replay , and they all look to offer distinctly different experiences. A look into how players are evaluated and tested may provide valuable insight for other esports teams and hopefuls.

Great News for Liverpool Ahead of Crucial Manchester United Clash
He has found the net in Liverpool's last two league outings with strikes outside the area against both Leicester and Newcastle. LIVERPOOL have announced that the Kenny Dalglish Stand will open on October 14th at home to Manchester United .