Analyst Ratings Coverage
KeyBanc Capital Markets (analyst rank #22 of 341) released their research report today, updating their coverage on Apple’s stock. The analyst maintained their “Overweight” rating on the stock, and raised their 12 month price target to $190 from $180 per share.
STA Research (analyst rank #43 of 341) released their research report today, updating their coverage on Apple’s stock. The analyst maintained their “Overweight” rating on the stock, and raised their 12 month price target to $190 from $180 per share.
AAPL Stock Forecast & Analysis
Based on the analysis and forecasts from various analysts, Apple Inc’s stock has garnered positive sentiments and expectations for the future. A total of 35 analysts have provided their insights, leading to an average analyst target price of USD 179.39 for Apple Inc over the next 12 months. This target price serves as an estimation of where the stock’s value could potentially reach in the future.
The average analyst rating for Apple Inc is categorized as “Strong Buy.” This rating indicates a high level of confidence among analysts that the stock is expected to perform exceptionally well. The positive outlook is reinforced by Stock Target Advisor’s own stock analysis, which characterizes Apple Inc’s prospects as “Bullish.” This analysis is based on the examination of 13 positive signals and 5 negative signals related to the company’s performance and market conditions.
At the last closing, Apple Inc’s stock price was recorded at USD 188.61. Over the past week, the stock price has experienced a change of -2.00%. However, when observing the stock’s performance over a broader timeframe, the past month has seen an increase of +4.23%, while over the last year, there has been a significant surge of +28.27% in the stock price.
The consensus among analysts suggests a positive outlook for Apple Inc’s stock, with an average target price of USD 179.39 over the next 12 months. The “Strong Buy” rating and the “Bullish” analysis reinforce the positive sentiment surrounding the stock. However, investors should be mindful of short-term market fluctuations and conduct their own comprehensive analysis before making any investment decisions.
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.