Analysts continue to see upside potential in Apple stocks

Apple couldn’t wait until January 6 and their gift of the Kings arrived in advance.

The American technology giant opened in 2022, marking a historic milestone in its trajectory on the stock market, surpassing 3 trillion dollars in capitalization last Monday (a figure that almost triples the GDP of Spain), which led it to become the only company of the world that has reached that level.

The company closed 2021 up almost 34%, outperforming the major US indices: the S&P 500 (26.9%) and the NASDAQ 100 (28.6%).

Half of the analysts surveyed by Bloomberg who reviewed the title in the last month (nine of 18) believe that Apple will continue to make history, as they still see upside potential after touching 3 trillion.

In early December, KeyBanc Capital was the first to issue a higher price target than it was quoted on Tuesday. The analyst firm gave the US giant a target price of $ 191 per share, which, with the price it reached the previous day, $ 181.95 represents a potential upside of 5 percent.

It is JP Morgan currently holding the highest price target, reaching $ 210 per share and giving Apple upside potential of 15.4% this year.

With it, there are five firms that believe that Apple can touch the figure of $ 200 per share, even exceed them. Dz Bank is not far behind JP Morgan, estimating a price target of $ 205 and a potential upside of 12.7 percent.



Reference-www.eleconomista.com.mx

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