Apple company (NYSE: AAPL) has earned a rating of “buy” from the equities analysts present at JPMorgan in their report, issued on Wednesday to investors and clients. This is according to the report of Price Targets.com. JPMorgan has set a price target of $165 on the stocks of the company. The price objective of JPMorgan on the AAPL stock hints at a 27.19% potential upside from the previous close of the company.
Reports Of Other Analysts On The AAPL Stock
The stock has been the subject of the report from several research analysts. Jefferies Group increased their price objective from $160.00 – $175.00 while issuing a rating of “buy” on the shares of the company on Wednesday. The company Barclays increased the price objective from $136.00 – $138.00 while issuing a rating of “equal weight” on the shares of the company on Wednesday. The company, Sanford Bernstein issued a price objective of $132.00 while issuing a rating of “neutral” on the shares of the company on March 8th, Monday. Crescend Securities lifted their price target from $140.00 – $170.00 while issuing a rating of “buy” on the shares of the company on January 26th, Tuesday.
Lastly, Fundamental Research lifted their price objective from $113.91 – $148.12 while issuing a rating of “buy” on the shares of the company on February 5th, Friday. Only 1 research analyst issued a rating of “Sell”, while 8 have rated the stock a “hold” while 27 have issued a rating of “buy” on the shares of the AAPL stock. The AAPL stock has “buy” as its average rating. The company has $146.82 as its average price objective. The AAPL stock started trading on Wednesday, being up by $1.88.