Cowen recorded Apple (NASDAQ:AAPL), upping its target price to $155.00 today
- Updated: March 20, 2017
Apple (NASDAQ:AAPL) had its stock price target increased to $155.00 by Cowen in a report issued 3/20/2017. The upped price target suggests a potential upside of 0.11% from the company's previous stock price.
On 3/15/2017, RBC Capital released a statement about Apple (NASDAQ:AAPL) upped the target price from $140.00 to $155.00 that suggested an upside of 0.12%.
Having a price of $139.99, Apple (NASDAQ:AAPL) traded -0.50% lower on the day. With the last stock price up 17.58% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. AAPL has recorded a 50-day average of $134.83 and a two hundred day average of $119.06. Trade Volume was up over the average, with 43,884,952 shares of AAPL changing hands over the typical 26,897,100
Recent Performance Chart
Apple has price-earnings ratio of 16.81 with a one year low of $89.47 and a one year high of $141.02 and has a total market value of $0.
A total of 36 equity analysts have released a ratings update on AAPL. Seventeen equity 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 (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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