In a report released yesterday, Daniel Ives from Wedbush maintained a Buy rating on Apple (AAPL), with a price target of $215. The company’s shares closed yesterday at $188.74.
According to TipRanks.com, Ives is a 4-star analyst with an average return of 6.5% and a 61.7% success rate. Ives covers the Technology sector, focusing on stocks such as Nuance Communications, Pivotal Software Inc, and Verint Systems Inc.
Apple has an analyst consensus of Moderate Buy, with a price target consensus of $184.71, a -2.1% downside from current levels. In a report issued on March 14, Cowen & Co. also initiated coverage with a Buy rating on the stock with a $220 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $233.47 and a one-year low of $142. Currently, Apple has an average volume of 32.7M.
Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is neutral on the stock. Last month, Arthur Levinson, a Director at AAPL sold 1,521 shares for a total of $255,087.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on AAPL:
