Apple Inc. – Consensus ‘buy’ rating and 9.7% Upside Potential

Broker Ratings
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Apple Inc. which can be found using ticker (AAPL) now have 37 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $226.34 and $140.52 with the average target price sitting at $187.73. Given that the stocks previous close was at $171.10 and the analysts are correct then we can expect a percentage increase in value of 9.7%. It’s also worth noting that there is a 50 day moving average of $177.02 and the 200 moving average now moves to $170.36. The company has a market cap of 2.61T. The current share price for the company is: 166.89 USD

The potential market cap would be $2,862,790,976,132 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 28, revenue per share of 24.22 and a 20.9% 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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