Sanford C. Bernstein bumped up the target of Apple Inc. (NDAQ:AAPL) to $160.00 stating a potential upside of 0.05%.
On 5/22/2017, RBC Capital Markets released a statement for Apple Inc. (NDAQ:AAPL) bumped up the target price from $157.00 to $168.00 that suggested an upside of 0.09%.
Boasting a price of $152.98, Apple Inc. (NDAQ:AAPL) traded -0.18% lower on the day. With the last stock price close up 2.89% from the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the date range. Apple Inc. has recorded a 50-day average of $156.87 and a two hundred day average of $152.40. Volume of trade was down over the average, with 4,772,149 shares of AAPL changing hands under the typical 27,480,800
With a total market value of $0, Apple Inc. has price-earnings ratio of 17.80 with a one year low of $104.08 and a one year high of $164.94 .
A total of 36 analysts have released a research note on AAPL. 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 one year target of $124.23.
More About Apple Inc. (NDAQ: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.
The post A Statement Released Earlier today by Sanford C. Bernstein about Apple Inc. (NDAQ:AAPL) bumps the target price to $160.00 appeared first on Octafinance.