RBC Capital Markets covered Apple Inc. (NASDAQ:AAPL), bumping its target to $125.00 earlier today
- Updated: September 24, 2016
Indicating as possible upside of 0.10%, RBC Capital Markets bumped up the target of Apple Inc. (NASDAQ:AAPL) to $125.00
Previously on Tuesday September 20, 2016, UBS Securities released a statement about Apple Inc. (NASDAQ:AAPL) raised the target price from $115.00 to $127.00. At the time, this indicated a possible upside of 0.12%.
Displaying a price of $113.55, Apple Inc. (NASDAQ:AAPL) traded -1.67% lower on the day. The last closing price is up 9.90% 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 moving average of $109.06 and a 200-day moving average of $102.56. 52,481,151 shares of Apple Inc. exchanged hands, up from an avg. volume of 36,890,600
Recent Performance Chart
With a market capitalization of $0, Apple Inc. has PE ratio of 13.14 with a 52 week low of $89.47 and a 52 week high of $123.82 .
A total of 36 brokerages have issued a ratings update on the stock. 17 firms rating the stock a strong buy, twenty-two analysts rating the company a buy, eight brokerages rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 equity analysts rating the company a sell with a one year target of $124.23.
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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.