Stifel Nicolaus disclosed Apple Inc. (NASDAQ:AAPL), raising its target price to $130.00 today
- Updated: October 18, 2016
In a report released on 10/18/2016 Stifel Nicolaus raised the target price of Apple Inc. (NASDAQ:AAPL) from $120.00 to $130.00 reporting a possible upside of 0%.
On 10/13/2016, Pacific Crest reported about Apple Inc. (NASDAQ:AAPL) raised the target price from $121.00 to $129.00 that indicated a possible upside of 0.10%.
Only yesterday Apple Inc. (NASDAQ:AAPL) traded 0.38% higher at $0.00. AAPL’s 50-day average is $111.87 and its two hundred day average is $103.64. With the last close down 13.85% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 13,558,266 shares of the stock traded hands, down from an average trading volume of 36,315,800
Apple Inc. has a 52 week low of $89.47 and a 52 week high of $123.82 with a P/E ratio of 13.76 Apple Inc.’s market capitalization is currently $0.
Also covering Apple Inc.'s target, a total of 36 equity analysts have issued a report on the company. The average stock price target is $124.23 with 17 firms rating the stock a strong buy, 22 firms rating the stock a buy, 8 brokerages rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 analysts rating the company a sell.
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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