Barclays Capital Gives Overweight Rating to Apple (AAPL)

By admin | 6 years ago

Apple (NASDAQ: AAPL)‘s stock had its “overweight” rating reaffirmed by Barclays Capital (NYSE: BCS) in a research note issued on Wednesday.

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.

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