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Thursday, January 26, 2023

AAPL Has A Price Target Set At $115

The stocks of AAPL have been given a price target of around $115 by several stock analysts working at UBS Group on a Friday note. The note decidedly puts a rating of neutral into the stocks of the company. The price target set indicates a negative growth rate of 4.17% on the previous close of the firm.

The Stock Commentary on AAPL

There have been quite a few research equities that have commented on the stocks of AAPL. Raymond James has already increased the price target of the company from $140 to $150 with a rating of outperform in a 25th January research note. Cascend Securities has also increased the price target of the company from $140 to $170 with a rating of buy in a 28th January research report.

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Cowen has also increased the price target of the company from $133 to $153 with a rating of outperform in a 22nd January research note. In the end, Morgan Stanley has set up a price target of $164 with a rating of buy in a 15th February research report. 

Two of the investment analysts covering the stocks of the company have already given it a rating of sell, while eleven others have given it a rating of hold. Close to twenty-seven other investment analysts have provided the stocks of the company with a rating of buy. The rating set on AAPL is buy with a $133.98 price target. 

The stocks of AAPL traded on Friday at $0.59. The year low of the company is $59.22, with the year high set at $145.09. The market cap of the firm is $2.01 billion, with a 38.61 PE ratio, and a 2.75 PEG ratio. The debt-to-equity ratio of the company has been set at 1.51.

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