Nokia Corporation (NOK)

[sijoittaja]

The world's best Nokia analyst: 2,50 EUR -> 5 EUR

(Google translation)
Nokia analyst Per Lindberg has twice more positive view of Nokia's share price.

ABG Sundal Collier analyst Per Lindberg raise the target price of the Nokia share 5.0 EUR from the previous 2.50 EUR Lindberg keep unchanged its recommendation "buy" level. Development of the sector in favor of the analyst, the medium-term horizon.

Lindberg is acclaimed as the world's best Nokia analyst. He has been right several times on his analysis of Nokia.

Nokia shares were traded 3.5 percent rise 2.34 euros on the Helsinki Stock Exchange on Monday afternoon.

Lindberg, Nokia's prospects have improved.

"The situation is much more promising today than it was a year ago. Windows 8/WP 8 confirms Microsoft's operating system more attractive and competitive, and Nokia has finally been able to make the right decision. Navteq will increase Microsoft's commercial maptechnology: Nokia's royalty payments jump. Apple and Samsung's prospects weaken the companies' own disputes, "Lindberg lists his recent, 110-page research report of Nokia.

Analyst says Nokia's devices margins double-digit growth and boosting arrangements after achievable. Lindberg predicts that the five-euro target is achievable next year.

"Recent developments and news in a number of significant risk of loss raise profit forecast. The risk of negative surprise possibility is substantially reduced. We expect that the shares are traded on a dollar around the middle of 2013. Our BUY recommendation is still valid. Uncertainties revolve smartphone / tablet portfolio of around Nokia's ability to compete effectively in the Windows world. "

Lindberg, Nokia's achievements in cutting costs have been "encouraging". In addition, changes in exchange rates have been favorable in terms of Nokia's competitors.

Lindberg says Nokia's value is 18.5 billion euros, while the market value is currently around 8.5 billion euros.

I hope LIndberg is right.