Barclays Capital Gives Overweight Rating to Apple (AAPL)
AAPL has been the subject of a number of other recent research reports. Analysts at Analyst reiterated a “buy” rating on shares of Apple in a research note to investors on Wednesday. Separately, analysts at ISI Group raised their price target on shares of Apple from $525.00 to $650.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at Zacks reiterated an “outperform” rating on shares of Apple in a research note to investors on Thursday, May 24th. They now have a $685.00 price target on the stock.
Apple opened at 579.17 on Wednesday. Apple has a 52-week low of $310.50 and a 52-week high of $644.00. The company has a market cap of $541.6 billion and a price-to-earnings ratio of 14.11.
Apple Inc. (Apple), along with its subsidiaries, is engaged in designing, manufacturing and marketing mobile communication and media devices, personal computers, and portable digital music players.