# Apple Inc.  Share Price Target ‘$240.58’, now 5.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/apple-inc.share-price-target-240.58-now-5.4-upside-potential/4121171659
- Published: 2024-09-24T14:57:40+01:00
- Author: Charlotte Edwards

**Apple Inc.** with ticker code (AAPL) now have 40 analysts in total covering the
stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges
between $300.00 and $183.86 suggesting an average analyst share price target price
of $240.58. (at the time of writing). Given that the stocks previous close was at
$228.20 this is indicating there is a potential upside of 5.4%. Also worth taking
note is the 50 day moving average now sits at $222.36 while the 200 day moving average
is $196.51. The company has a market cap of 3.44T. Currently the stock stands at:
$226.47 USD

 The potential market cap would be $3,630,072,243,789 based on the market consensus.

The company has a dividend yield of 5.22%. Other points of data to note are a P/
E ratio of 34.47, revenue per share of $24.96 and a 22.61% 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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