Bernstein analyst Toni Sacconaghi maintained a Hold rating on Apple (AAPL) yesterday and set a price target of $160. The company’s shares closed yesterday at $142.19, close to its 52-week low of $142.
Sacconaghi has an average return of 27.0% when recommending Apple.
According to TipRanks.com, Sacconaghi is ranked #127 out of 5110 analysts.
Apple has an analyst consensus of Moderate Buy, with a price target consensus of $184.30, a 29.6% upside from current levels. In a report released yesterday, New Street also upgraded the stock to Hold.
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Apple’s market cap is currently $750.9B and has a P/E ratio of 11.98. The company has a Price to Book ratio of 6.31.
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