Nokian Tires has a wide range of target prices from analysts, with some recommending buying and others holding. Inderes analyst Rauli Juva believes that the stock has room for upside in the coming years if forecasts are met. However, Bloomberg’s 17 analysts advise holding. The company recently reported disappointing results, citing production disruptions, economic uncertainties, and low consumer confidence as factors affecting their performance. Despite this, Juva remains optimistic about the stock’s potential. Oddo advises selling Nokian Tires with a target price of seven euros due to concerns about visibility in net sales and total segment operating profit guidance. In conclusion, while opinions on Nokian Tires stock are mixed, analysts agree that the company’s future performance is dependent on factors such as new production facilities and market conditions.
Nokian Tires Stock: Analysts Offer Contrasting Views on Future Performance
