Apple Inc. (NASDAQ:AAPL) price target set to $250.00 by UBS Group

By Market Exclusive

Analyst Ratings For Apple Inc. (NASDAQ:AAPL)

Today, UBS Group set its price target on Apple Inc. (NASDAQ:AAPL) to $250.00 per share.

There are 26 Buy Ratings, 18 Hold Ratings, 2 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Apple Inc. (NASDAQ:AAPL) is Buy with a consensus target price of $223.5263 per share, a potential 0.91% upside.

Some recent analyst ratings include

  • 10/1/2018-Apple Inc. (NASDAQ:AAPL) had its Neutral rating reiterated by Oppenheimer
  • 9/28/2018-Apple Inc. (NASDAQ:AAPL) had its Neutral ➝ Neutral rating reiterated by Nomura with a $215.00 price target
  • 9/27/2018-Apple Inc. (NASDAQ:AAPL) had its Buy rating reiterated by Macquarie with a $235.00 price target
  • 9/27/2018-Apple Inc. (NASDAQ:AAPL) has coverage initiated with a Overweight ➝ Overweight rating and $272.00 price target

Recent Insider Trading Activity For Apple Inc. (NASDAQ:AAPL)
Apple Inc. (NASDAQ:AAPL) has insider ownership of 0.06% and institutional ownership of 58.58%.

  • On 10/5/2018 Angela J Ahrendts, SVP, sold 14,194 with an average share price of $227.96 per share and the total transaction amounting to $3,235,664.24.
  • On 10/4/2018Luca Maestri, Insider, sold 100,245 with an average share price of $228.56 per share and the total transaction amounting to $22,911,997.20.
  • On 10/3/2018 Angela J Ahrendts, SVP, sold 25,000 with an average share price of $232.66 per share and the total transaction amounting to $5,816,500.00.
  • On 10/3/2018 Jeffrey E Williams, COO, sold 61,998 with an average share price of $232.33 per share and the total transaction amounting to $14,403,995.34.
  • On 8/27/2018 Timothy D Cook, CEO, sold 265,160 with an average share price of $217.79 per share and the total transaction amounting to $57,749,196.40.
  • On 8/17/2018Johny Srouji, Insider, sold 14,140 with an average share price of $214.98 per share and the total transaction amounting to $3,039,817.20.
  • On 8/9/2018Craig Federighi, Insider, sold 47,796 with an average share price of $207.50 per share and the total transaction amounting to $9,917,670.00.

About Apple Inc. (NASDAQ:AAPL)
Apple Inc. designs, manufactures, and markets mobile communication and media devices, and personal computers to consumers, and small and mid-sized businesses; and education, enterprise, and government customers worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers, as well as operating systems comprising iOS, macOS, watchOS, and tvOS. The company also provides iWork, an integrated productivity suite that helps users create, present, and publish documents, presentations, and spreadsheets; and other application software, such as Final Cut Pro, Logic Pro X, and FileMaker Pro. In addition, it offers Apple TV that connects to consumers’ TV and enables them to access digital content directly for streaming high definition video, playing music and games, and viewing photos; Apple Watch, a personal electronic device; and iPod touch, a flash memory-based digital music and media player. Further, the company sells Apple-branded and third-party accessories, such as headphones, displays, storage devices, Beats products, and other connectivity and computing products and supplies. Additionally, it offers iCloud, a cloud service that stores music, photos, contacts, calendars, mail, documents, and others; AppleCare, which offers support options for its customers; and Apple Pay, a cashless payment service. The company sells and delivers digital content and applications through the iTunes Store, App Store, Mac App Store, TV App Store, iBooks Store, and Apple Music. It also sells its products through its retail and online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California.

Recent Trading Activity for Apple Inc. (NASDAQ:AAPL)
Shares of Apple Inc. closed the previous trading session at 221,79 −2,50 1,11 % with 222.21 shares trading hands.

This article provided by NewsEdge.