© Reuters. Analyst rating for Apple
Apple (NASDAQ:) received the following ratings during the last quarter:
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Based on 12-month price targets assigned by 9 analysts over the past 3 months, Apple has an average price target of $187.89, with a high of $210 and a low of $168.
Please find below an overview of Apple’s ranking over the last three months according to 9 analysts. The higher the number of bullish ratings, the more analysts are positive on the stock, while a preponderance of bearish ratings reflects negative sentiment.
This average is down 0.46% from the previous price target of $188.75.
What is an analyst rating? The ratings are written by analysts or specialists in the banking and financial field who publish their assessment of specific stocks or well-defined sectors (generally, each security is rated once a quarter). Typically, analysts obtain the information necessary to assess a company from conference calls, meetings, financial statements and conversations with key insiders.
Some analysts may also offer forecasts for key metrics, such as growth estimates, earnings, and revenue to provide more insight into the stocks. Investors using analyst ratings should always bear in mind that such advice, although from an expert, is nonetheless from a human. Therefore, they may be subject to errors.
Read the article on Benzinga France