NOKIA Nokia boosted by a note from the Swedish bank - NOKIA: Nokia boosted by a note from the Swedish bank SEB - investing
1611621868 415 NOKIA Nokia boosted by a note from the Swedish bank - NOKIA: Nokia boosted by a note from the Swedish bank SEB - investing

Nokia spiked by Swedish bank SEB rating | Photo credits: Open Grid Scheduler / CC0 1.0

Nokia jumped 14.6% in the middle of the afternoon, to 3.87 euros.

Swedish bank SEB has raised its price target from 3.5 to 3.8 euros, estimating that the telecoms equipment manufacturer has a ” substantial recovery potential »While it presents a discount of 45% compared to Ericsson in terms of ratio of enterprise value to sales.


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