Apple (NASDAQ:AAPL)‘s stock had its “buy” rating reissued by stock analysts at Loop Capital in a report issued on Friday. They currently have a $200.00 price target on the iPhone maker’s stock. Loop Capital’s price objective would suggest a potential upside of 14.28% from the company’s current price.

AAPL has been the subject of a number of other reports. Vetr upgraded Apple from a “buy” rating to a “strong-buy” rating and set a $173.06 target price for the company in a research report on Friday, September 22nd. Rosenblatt Securities restated a “hold” rating and issued a $150.00 price target on shares of Apple in a research report on Sunday, October 15th. Citigroup restated a “buy” rating and issued a $200.00 price target (up from $170.00) on shares of Apple in a research report on Friday, November 3rd. They noted that the move was a valuation call. UBS Group set a $190.00 price target on Apple and gave the stock a “buy” rating in a research report on Monday, December 4th. Finally, Bank of America restated a “buy” rating and issued a $180.00 price target on shares of Apple in a research report on Tuesday, September 26th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, forty-three have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $198.61.

Apple (NASDAQ AAPL) remained flat at $$175.01 during midday trading on Friday. 16,052,615 shares of the company traded hands, compared to its average volume of 27,183,639. The company has a current ratio of 1.28, a quick ratio of 1.23 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $898,560.00, a P/E ratio of 19.04, a P/E/G ratio of 1.40 and a beta of 1.24. Apple has a 12-month low of $114.76 and a 12-month high of $177.20.

Apple (NASDAQ:AAPL) last posted its earnings results on Thursday, November 2nd. The iPhone maker reported $2.07 EPS for the quarter, beating analysts’ consensus estimates of $1.87 by $0.20. The firm had revenue of $52.58 billion during the quarter, compared to the consensus estimate of $50.71 billion. Apple had a return on equity of 32.25% and a net margin of 20.38%. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.50 EPS. sell-side analysts predict that Apple will post 11.18 earnings per share for the current fiscal year.

In other Apple news, insider Philip W. Schiller sold 56,808 shares of the business’s stock in a transaction that occurred on Tuesday, October 3rd. The stock was sold at an average price of $154.70, for a total value of $8,788,197.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Daniel J. Riccio sold 15,641 shares of the business’s stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $169.69, for a total value of $2,654,121.29. Following the completion of the transaction, the insider now directly owns 17,341 shares of the company’s stock, valued at $2,942,594.29. The disclosure for this sale can be found here. Insiders sold 232,967 shares of company stock valued at $37,944,683 over the last three months. 0.08% of the stock is currently owned by corporate insiders.

A number of large investors have recently made changes to their positions in AAPL. Willingdon Wealth Management lifted its stake in shares of Apple by 2.2% in the 1st quarter. Willingdon Wealth Management now owns 25,098 shares of the iPhone maker’s stock worth $3,606,000 after purchasing an additional 530 shares during the period. LSV Asset Management raised its position in Apple by 16.4% in the 1st quarter. LSV Asset Management now owns 1,503,492 shares of the iPhone maker’s stock valued at $215,991,000 after purchasing an additional 211,684 shares in the last quarter. Nwam LLC raised its position in Apple by 0.5% in the 1st quarter. Nwam LLC now owns 64,928 shares of the iPhone maker’s stock valued at $9,328,000 after purchasing an additional 336 shares in the last quarter. Strategic Financial Group LLC raised its position in Apple by 0.9% in the 1st quarter. Strategic Financial Group LLC now owns 17,968 shares of the iPhone maker’s stock valued at $2,581,000 after purchasing an additional 160 shares in the last quarter. Finally, Davis Rea LTD. raised its position in Apple by 2.2% in the 1st quarter. Davis Rea LTD. now owns 26,014 shares of the iPhone maker’s stock valued at $3,737,000 after purchasing an additional 560 shares in the last quarter. 59.62% of the stock is owned by institutional investors.

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About Apple

Apple Inc (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings.

Analyst Recommendations for Apple (NASDAQ:AAPL)

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