# Apple Inc. – Consensus ‘buy’ rating and 4.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/apple-inc.consensus-buy-rating-and-4.3-upside-potential/4121133393
- Published: 2023-11-20T15:23:27+00:00
- Author: Charlotte Edwards

**Apple Inc.** with ticker code (AAPL) have now 39 market analysts covering the 
stock. The analyst consensus now points to a rating of ‘buy’. The range between 
the high target price and low target price is between $240.00 and $159.00 calculating
the mean target price we have $197.80. Given that the stocks previous close was 
at $189.71 this indicates there is a potential upside of 4.3%. The 50 day moving
average now sits at $176.91 while the 200 day moving average is $173.58. The total
market capitalization for the company now stands at 2.95T. The stock price for Apple
Inc. is $189.69 USD

 The potential market cap would be $3,076,019,401,540 based on the market consensus.

The company has a dividend yield of 0.89%. Other points of data to note are a P/
E ratio of 30.94, revenue per share of $24.34 and a 20.26% return on assets.

Apple Inc. (Apple) designs, manufactures and markets smartphones, personal computers,
tablets, wearables and accessories and sells a range of related services. The Company’s
products include iPhone, Mac, iPad, AirPods, Apple TV, Apple Watch, Beats products,
HomePod, iPod touch and accessories. The Company operates various platforms, including
the App Store, which allows customers to discover and download applications and 
digital content, such as books, music, video, games and podcasts. Apple offers digital
content through subscription-based services, including Apple Arcade, Apple Music,
Apple News+, Apple TV+ and Apple Fitness+. Apple also offers a range of other services,
such as AppleCare, iCloud, Apple Card and Apple Pay. Apple sells its products and
resells third-party products in a range of markets, including directly to consumers,
small and mid-sized businesses, and education, enterprise and government customers
through its retail and online stores and its direct sales force.

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