Apple Inc. – Consensus ‘buy’ rating and 4.2% Upside Potential

Broker Ratings
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Apple Inc. which can be found using ticker (AAPL) now have 39 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $240.00 and $159.00 calculating the mean target price we have $198.01. Given that the stocks previous close was at $189.95 this would indicate that there is a potential upside of 4.2%. There is a 50 day moving average of $179.45 and the 200 moving average now moves to $175.27. The market capitalization for the company is 2.97T. The current stock price for Microsoft Corporation is currently $191.24 USD

The potential market cap would be $3,100,524,436,817 based on the market consensus.

The company has a dividend yield of 0.89%. Other points of data to note are a P/E ratio of 31.15, revenue per share of $24.34 and a 20.26% return on assets.

Apple Inc. (Apple) designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories and sells a range of related services. The Company’s products include iPhone, Mac, iPad, AirPods, Apple TV, Apple Watch, Beats products, HomePod, iPod touch and accessories. The Company operates various platforms, including the App Store, which allows customers to discover and download applications and digital content, such as books, music, video, games and podcasts. Apple offers digital content through subscription-based services, including Apple Arcade, Apple Music, Apple News+, Apple TV+ and Apple Fitness+. Apple also offers a range of other services, such as AppleCare, iCloud, Apple Card and Apple Pay. Apple sells its products and resells third-party products in a range of markets, including directly to consumers, small and mid-sized businesses, and education, enterprise and government customers through its retail and online stores and its direct sales force.

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