Nokian Tires has set target prices that vary widely among analysts, with some recommending to buy the stock while others advise holding. Inderes analyst Rauli Juva sees potential for good returns if forecasts are met, especially with the new Romanian plant expected to be fully operational by 2027-2028. However, recent results have been disappointing, with production disruptions, economic uncertainties and low consumer confidence affecting performance. Despite this, Juva remains optimistic about the stock’s future potential. On the other hand, a Franco-German financial services company has expressed concerns about Nokian Tires lowering its guidance for the year and advises that its net sales and total segment operating profit will increase significantly but visibility remains a concern. Oddo has given a “sell” recommendation with a target price of seven euros. In conclusion, while there is mixed sentiment on Nokian Tires stock, analysts agree that its future performance depends on factors such as new production facilities and market conditions.
Mixed Signals on Nokian Tires: Investors Look for Clarity Amidst Production Disruptions and Economic Uncertainty
