Apple (NASDAQ:AAPL) Now Covered by Analysts at Rosenblatt SecuritiesThe research report on Apple was issued on Tuesday. The price target on the stock was set by the brokerage. The company has a potential upside of 11.47% from the current price.

Apple has been the subject of a number of reports. Apple’s price objective was increased byDeutsche Bank Aktiengesellschaft to $210.00 in a research report on Friday, January 28th. On Thursday, March 31st, StockNews.com initiated coverage on Apple. They gave a hold rating to the stock. On Wednesday, March 2nd, a research note was issued by the company stating that they had a “buy” rating on Apple. Raymond James increased their price target on Apple from $185.00 to $190.00 and gave the company an “outperform” rating in a research note on Friday, January 28th. Apple’s price target was increased by Loop Capital to $210.00 in a research note on Friday, January 14th. Eight analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has issued a strong buy rating to the stock. Apple has a consensus rating of “Buy” and an average price target of $194.

On Tuesday, shares of AAPL opened at $165.07. The firm has a price to earnings ratio of 27.33 and a PEG ratio of 2.15 The company has a debt-to-equity ratio of, a quick ratio of, and a current ratio of 1.04. The business has a fifty day moving average price of $167.19 and a two-hundred day moving average price of $163.96. Apple has a 52 week low of $122.25 and a 52 week high of $182.94.

Apple’s quarterly earnings data was released on January 27th. The company reported earnings of $2.10 per share, beating the consensus estimate of $1.89 per share. The firm had revenue of $123.95 billion for the quarter, which was higher than analyst estimates. Apple had a return on equity of 149.81%. The business had revenue that was up 11.3% compared to the same quarter last year. The company earned $1.68 earnings per share last year. Research analysts predict that Apple will post 6.16 earnings per share for the current year.

Director Arthur D. Levinson sold 1,986 shares of Apple stock in a transaction that took place on February 1st. The stock was sold at an average price of $173.29. The transaction was disclosed in a document filed with the SEC. The SVP sold 25,000 shares of the stock on Thursday, February 3rd. The shares were sold at an average price of $174.78. This sale’s disclosure can be found here. Over the last three months, Insiders have sold a total of 161,085 shares of company stock. The company’s stock is owned by Insiders.

Several institutional investors have recently increased or decreased their holdings in the company. A new position in Apple was bought by Dark Forest Capital Management. Joseph Group Capital Management bought a new position in Apple. Cardinal Capital Management Inc. increased its holdings in shares of Apple. Cardinal Capital Management acquired an additional 221 shares of the company’s stock during the last quarter. A new stake in Apple was bought by Shore Point Advisors. St. James Investment Advisors LLC acquired a new stake in Apple during the 4th quarter. The company’s stock is owned by institutional investors.

Get rating about Apple.

Apple designs, manufactures, and markets a wide range of products. It sells a variety of services. In addition, the company has a line of multi-purpose tablets, a line of personal computers, and a line of Wearables.

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