Oppenheimer analyst Andrew Uerkwitz assigned a Hold rating to Apple (AAPL) today. The company’s shares closed yesterday at $188.74.
According to TipRanks.com, Uerkwitz is a 5-star analyst with an average return of 18.7% and a 58.0% success rate. Uerkwitz covers the Consumer Goods sector, focusing on stocks such as Axon Enterprise Inc, Turtle Beach Corp, and Universal Display.
Currently, the analyst consensus on Apple is a Moderate Buy with an average price target of $184.71, which is a -2.1% downside from current levels. In a report issued on March 13, KeyBanc also maintained a Hold rating on the stock.
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Apple’s market cap is currently $892.7B and has a P/E ratio of 15.52. The company has a Price to Book ratio of 7.57.
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.
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