Apple Inc. (AAPL) Price Target Raised to $161.00 at Barclays PLC

Mindy Sparks
October 18, 2017

American Beacon Advisors Inc. purchased a new position in shares of Apple in the first quarter worth $117,000. Apg Asset Management Nv has invested 0.28% in Bunge Ltd (NYSE:BG). The fund owned 128,535 shares of the iPhone maker's stock after buying an additional 7,779 shares during the quarter. Following the sale, the senior vice president now owns 76,250 shares of the company's stock, valued at $12,367,750. (NYSE:PEG) has declined 1.72% since October 18, 2016 and is downtrending. It has outperformed by 9.85% the S&P500. First National Bank Of Mount Dora Trust Investment Services who had been investing in Public Svc Enterprise Group for a number of months, seems to be bullish on the $24.54B market cap company. Spark Invest Management Lc holds 14,700 shares. Apple Inc now has $828.12 billion valuation. The stock rose 0.17% or $0.28 reaching $160.75. 45,000 shares valued at $6.92 million were sold by Cue Eduardo H on Monday, May 22. (NASDAQ:AAPL) to report earnings on October, 24. It has outperformed by 45.78% the S&P500. "We are increasing our iPhone X shipment estimate from 20 (million) to 25 million for the December quarter and maintain our 50 million unit estimate for the March quarter".

Among 9 analysts covering Unilever NV (NYSE:UN), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 100% are positive. Needham & Company LLC restated a "buy" rating and set a $175.00 price target (up previously from $165.00) on shares of Apple in a research report on Wednesday, August 2nd. Bank of America downgraded the stock to "Neutral" rating in Wednesday, August 5 report. Apple Inc. grasps an EPS value of 8.79 * displaying an EPS growth of -9.90% * for this year. Seven equities research analysts have rated the stock with a hold rating and forty-seven have assigned a buy rating to the company's stock. Therefore 79% are positive. Morgan Stanley upped their price target on shares of Apple from $177.00 to $182.00 and gave the stock an "overweight" rating in a research report on Monday, July 17th. More interesting news about Apple Inc. (NASDAQ:AAPL). Blue Edge Capital Limited Liability Company, a Virginia-based fund reported 19,394 shares. The rating was maintained by Barclays Capital on Wednesday, August 2 with "Equal-Weight". The firm earned "Hold" rating on Monday, July 10 by KeyBanc Capital Markets. Drexel Hamilton maintained Apple Inc. (NASDAQ:AAPL) on Wednesday, April 27 with "Buy" rating. As per Thursday, August 3, the company rating was maintained by Piper Jaffray. Credit Suisse Group reaffirmed an "outperform" rating and set a $170.00 price target on shares of Apple in a research note on Tuesday, June 6th. They now have an equal weight rating on the iPhone maker's stock.

Capital Fund Management Sa increased Fastenal Co (NASDAQ:FAST) stake by 341,324 shares to 364,324 valued at $15.86M in 2017Q2.

COPYRIGHT VIOLATION NOTICE: "Apple Inc". The company was maintained on Monday, September 21 by Canaccord Genuity. The correct version of this news story can be viewed at https://www.dispatchtribunal.com/2017/10/18/ubs-ag-reiterates-buy-rating-for-apple-inc-aapl.html.

Since May 4, 2017, it had 0 buys, and 11 insider sales for $54.79 million activity. 4,757 shares were sold by Maestri Luca, worth $735,898. $5.39M worth of Apple Inc. Rosenblatt initiated Apple Inc. $11.10M worth of stock was sold by AHRENDTS ANGELA J on Thursday, May 4. In the last ninety days, insiders sold 541,177 shares of company stock valued at $85,864,804.


Wall Street believes Rusch is smart to play it safe when it comes to the giant's prospects ahead, as TipRanks analytics reveal TSLA as a Hold. (NASDAQ:AAPL) for 4.69 million shares. Analysts forecast EPS of $1.87, up exactly $0.20 or 11.98 % from 2014's $1.67 EPS. The stock has a market capitalization of $827.57 billion, a PE ratio of 18.19 and a beta of 1.27. Riccio Daniel J. also sold $1.86 million worth of Apple Inc.

With the last close up 5.64% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. Its up 0.04, from 0.64 in 2017Q1. It increased, as 62 investors sold AAPL shares while 1068 reduced holdings.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Deutsche National Bank Ag owns 2,467 shares or 0% of their United States portfolio. Raymond James Assoc holds 22,900 shares. Invest Counselors Of Maryland invested in 0.25% or 33,406 shares. Gratry Communication Limited Liability Company holds 0.64% or 3,632 shares in its portfolio. Flippin Bruce And Porter Incorporated holds 102,057 shares or 3.31% of its portfolio. Gs Investments Inc. bought a new position in shares of Apple during the second quarter valued at $4,180,000. (NASDAQ:AAPL). 67,336 were accumulated by Rockshelter Limited Liability Corporation. Hefty Wealth Partners now owns 804 shares of the iPhone maker's stock valued at $115,000 after acquiring an additional 174 shares during the period. (NASDAQ:AAPL). Bowling Ltd stated it has 128,897 shares or 2.73% of all its holdings. Jackson Wealth Llc holds 2% in Apple Inc.

More notable recent Apple Inc. Bingham Osborn & Scarborough Limited Liability invested in 0.64% or 46,173 shares.

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