Analyst Ratings Coverage:
Barclays Capital (Rank#4) issued a research report on Monday October 30th, and maintained the “Equal Weight” rating on the stock, and lowered the 12 month target price to $166 from $167 per share.
KeyBanc Capital Markets (Rank#18) reiterates the “Sector Weight” on the stock, without a target forecast valuation.
AAPL Stock Analysis
The Apple Inc stock forecast, as evaluated by 31 analysts, paints an optimistic picture for the company’s future. The average target price set by these analysts stands at USD 200.25 over the next 12 months, indicating their belief that Apple’s stock is poised for substantial growth. This suggests a favorable long-term outlook for the company’s performance, as perceived by the analyst community.
Apple Inc’s average analyst rating is classified as “Strong Buy.” This implies a consensus among analysts that investors should strongly consider purchasing Apple’s stock. It reflects the analysts’ collective confidence in Apple’s ability to deliver impressive results and generate significant returns for investors.
Stock Target Advisor, in its own stock analysis, holds a “Bullish” view of Apple Inc. This rating is derived from a careful evaluation of various factors, taking into account 13 positive signals and 5 negative signals. This indicates that, according to their analysis, Apple is well-positioned for positive performance, despite some potential risks and challenges.
At the last closing, Apple Inc’s stock was priced at USD 168.22. Over the past week, there was a modest decline of -2.70% in the stock’s price, indicating some short-term market volatility. However, over the past month, the stock experienced a more moderate decrease of -1.75%, which may have been influenced by various market dynamics and investor sentiment. Looking back over the last year, the stock has shown a significant increase of +8.01%, suggesting strong overall performance and potential profitability for long-term investors.
These historical price movements offer valuable context, suggesting that while there may be short-term fluctuations, Apple Inc has demonstrated the potential for substantial gains over the long term. It’s important for investors to weigh these factors alongside the analysis and ratings when making investment decisions regarding Apple Inc’s stock.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
