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A report released earlier today by RBC Capital Markets about Apple Inc. (NDAQ:AAPL) bumps the target price to $168.00

RBC Capital Markets increased the stock price target of Apple Inc. (NDAQ:AAPL) to $168.00 indicating a possible upside of 0.09%.

Previously on 5/18/2017, BMO Capital Markets reported on Apple Inc. (NDAQ:AAPL) increased the target price from $160.00 to $170.00. At the time, this indicated a possible upside of 0.11%.

Only yesterday Apple Inc. (NDAQ:AAPL) traded -0.18% lower at $153.85. Apple Inc.’s 50-day average is $156.87 and its two hundred day average is $152.40. With the last close up 2.89% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.01% over the same time period. 4,772,149 shares of the stock exchanged hands, down from an avg. volume of 27,480,800

Performance Chart

Apple Inc. (NDAQ:AAPL)

With a total market value of $0, Apple Inc. has price-earnings ratio of 17.80 with a one year low of $104.08 and a one year high of $164.94 .

A total of 36 brokerages have issued a research note on the company. 17 firms rating the stock a strong buy, 22 firms rating the stock a buy, 8 brokers rating the stock a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the stock a sell with a average stock price target of $124.23.

Brief Synopsis On Apple Inc. (NDAQ:AAPL)

Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company's products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings. The Company also delivers digital content and applications through the iTunes Store, App StoreSM, iBookstoreSM, and Mac App Store. The Company distributes its products worldwide through its retail stores, online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. In February 2012, the Company acquired app-search engine Chomp.

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