Apple (NASDAQ:AAPL) target price raised to $127.00, reported today by UBS
- Updated: September 20, 2016
Apple (NASDAQ:AAPL) had its price target increased to $127 by UBS in a report released 9/20/2016. The increased target price indicates a possible upside of 0.12% from the bussiness’ previous closing price.
Previously on 9/16/2016, Canaccord Genuity released a statement for Apple(NASDAQ:AAPL) bumped the target price from $120.00 to $140.00. At the time, this indicated a possible upside of 0.22%.
Only yesterday Apple (NASDAQ:AAPL) traded 0.19% higher at $113.58. AAPL’s 50-day average is $108.13 and its two hundred day average is $102.24. The last stock close is up 11.31% relative to the 200-day average, compared to the S&P 500 Index which has fallen -0.01% over the same time. Volume of trade was down over the average, with 18,269,184 shares of AAPL changing hands under the typical 36,536,400 shares..
With a market cap of $0.0, Apple has a P/E of 13 with a 52 week low of $89.47 and a one-year high of $123.82.
A total of 36 brokers have issued a research note on the stock. Seventeen analysts rate the company a strong buy, 22 firms rate the company a buy, eight firms rate the company a hold, 0 rate the company to underperform, and lastly 0 firmsrate the stock as sell with a one year target of $124.23
Brief Synopsis On Apple (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, and the Company acquired app-search engine Chomp.
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