Stocks to Watch on Monday: Apple (NASDAQ:AAPL), Blackberry Ltd (NASDAQ:BBRY), Nokia (NYSE:NOK)

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According to Gene Munster of Piper Jaffray, Apple Inc. (NASDAQ:AAPL) is set to announce a modest increase for its share repurchase program, as well as its quarterly dividend, in its next earnings report on April 23.

Munster acknowledges that the buy-side likely agrees with this, and as a result, is already priced into shares of AAPL. However, he remains bullish on shares of Apple ahead of the product refresh slated for the second half of 2014.

Analysts have a consensus price target of $592 on Apple (NASDAQ:AAPL) which indicates a 11% upside. The company last reported earnings on January 27th and posted an actual EPS of $14.50 against the $14.05 consensus estimate. Apple (NASDAQ:AAPL) last issued a quarterly dividend on February 13th, 2014.

Apple Inc. (AAPL) has a 50 day moving average of $533 and a 200 day moving average of $526. The current quarter EPS consensusvestimate for the stock is $42.71. Apple has a market cap of $474.4B and a P/E ratio of .59.

T-Mobile Inc. has offered customers who use BlackBerry Ltd. (NASDAQ:BBRY) phones a $100 credit to use toward any new device, including the BlackBerry Q10 or Z10.

Analysts have a consensus price target of $8.50 on Blackberry Ltd (NASDAQ:BBRY) which indicates a 6.27% upside. The company last reported earnings on March 28th and posted an actual EPS of ($0.08) against the ($0.57) consensus estimate. Blackberry does not issue quarterly dividends.

Blackberry Ltd (BBRY) has a 50 day moving average of $9.34 and a 200 day moving average of $8.25. The current quarter EPS consensus estimate for the stock is $-0.95. Blackberry has a market cap of $4.15B.

Finnish handset maker, Nokia Corporation (NYSE:NOK) unveiled three new Lumia phones at the recently held Microsoft Build 2014 conference. The handsets are designed for both high-end and low-end users.

Analysts have a consensus price target of $12.33 on Nokia (NYSE:NOK) which indicates a 67.76% upside. The consensus rating for the stock is Hold. Some recent analyst actions include an Outperform rating from Credit Suisse and an upgrade from Canaccord Genuity from Hold to Buy.

The company last reported earnings on January 16th and posted an actual EPS of $0.08 against the $0.05 consensus estimate. Nokia does not issue quarterly dividends. NOK closed that last trading session at $7.62 and a Market Cap of $27.28B. The company’s current quarter consensus earnings per share estimate is $0.29. Technical indicators for the company include a 50 day moving average of $7.52 and a 200 day moving average of $7.44.

 

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