Apple Inc. (NASDAQ:AAPL) has been upgraded to Positive in a statement by OTR Global earlier today.
- Updated: October 15, 2016
Having a price of $116.30, Apple Inc. (NASDAQ:AAPL) traded 0.56% higher on the day. With the last close up 13.49% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. AAPL has recorded a 50-day average of $111.56 and a two hundred day average of $103.65. Volume of trade was down over the average, with 35,652,191 shares of AAPL changing hands under the typical 36,416,000
OTR Global has upgraded Apple Inc. (NASDAQ:AAPL) to Positive in a statement released on 10/12/2016.
On Friday September 30, 2016, Citigroup released a statement on Apple Inc. (NASDAQ:AAPL) upped the target price from $120.00 to $130.00 that suggested an upside of 0.16%.
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Apple Inc. has a PE ratio of 13.72 with a one year low of $89.47 and a one year high of $123.82 Apple Inc.’s market capitalization is currently $0.
A total of 36 analysts have released a research note on Apple Inc.. Seventeen analysts rating the company a strong buy, twenty-two analysts rating the company a buy, eight analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $124.23.
More About Apple Inc. (NASDAQ: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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