Zacks Rating on Apple (AAPL)

Apple (AAPL) has an average broker rating of 1.5, which is interpreted as a Strong Buy, as rated by 30 equity analysts. Nonetheless, 23 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 3 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Apple (AAPL) : Average target price received by Apple (AAPL) is $123.13 with an expected standard deviation of $15.92. The most aggressive target on the stock is $168, whereas the most downbeat target is $85. 24 financial analysts are currently covering the stock.


Apple Inc. has dropped 0.48% in the last five trading days, however, the shares have posted positive gains of 12.43% in the last 4 weeks. Apple Inc. is up 11.79% in the last 3-month period. Year-to-Date the stock performance stands at 5.17%. Apple (NASDAQ:AAPL): stock turned positive on Tuesday. Though the stock opened at $108.59, the bulls momentum made the stock top out at $109.32 level for the day. The stock recorded a low of $108.53 and closed the trading day at $108.85, in the green by 0.31%. The total traded volume for the day was 21,255,594. The stock had closed at $108.51 in the previous days trading.

Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Companys products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings. The Company also delivers digital content and applications through the iTunes Store, App StoreSM, iBookstoreSM, and Mac App Store. The Company distributes its products worldwide through its retail stores, online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. In February 2012, the Company acquired app-search engine Chomp.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.