Nokia: USD 6.50. This means that there is some 30% growth potential compared to today's last trade price.
FRIDAY, FEBRUARY 3, 2012
Update After Interesting Annual Report and Future EPS Update
It's true that Nokia (NOK) is still in the middle of transition. While trying to find the new course and new blue sea we somehow have to get over these 'lost quarters'. The future looks bright anyway. With new Lumia product line has been launched on all major markets and after Q2 FY12 we will be much wiser if the new strategy work at all.
Some analysts have also recalculated their EPS estimates and now averages for FY12 is 0.20 and FY13 0.43. While entering this data into target price calculator we end up to new target price for Nokia: USD 6.50. This means that there is some 30% growth potential compared to today's last trade price.
Posted by Target Price Analysis at 5:13 AM
Who knows. All I care about is NOK producing results here sometime in the near future. The non-USA world first, then eventually USA. Unfortunately, people in America think they are the whole world. That's the problem being out in between two oceans on a large continent - people tend then to stay in there own little world, forgetting the bigger world. Going to the Caribbean is the BIG trip to another country when they are on a cruise.