Jefferies Group Reaffirms Buy (N/A) Rating on Apple (AAPL)
Apple opened at 571.46 on Wednesday. Apple has a 1-year low of $310.50 and a 1-year high of $644.00. The company has a market cap of $534.4 billion and a price-to-earnings ratio of 13.92.
Several other analysts have also recently commented on the stock. Analysts at Piper Jaffray (NYSE: PJC) reiterated an “overweight” rating on shares of Apple in a research note to investors on Tuesday. They now have a $910.00 price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Apple in a research note to investors on Tuesday. Finally, analysts at Crowell, Weedon & Co. raised their price target on shares of Apple from $710.00 to $770.00 in a research note to investors on Monday. They now have a “buy” rating on the stock.
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.