Apple (AAPL) Receives a Hold from Nomura

By Carrie Williams

In a report issued on September 13, Jeff Kvaal from Nomura maintained a Hold rating on Apple (NASDAQ: AAPL), with a price target of $210. The company’s shares closed on Friday at $223.84, close to its 52-week high of $229.67.

Kvaal has an average return of 28.8% when recommending Apple.

According to TipRanks.com, Kvaal is ranked #794 out of 4877 analysts.

Apple has an analyst consensus of Moderate Buy, with a price target consensus of $230.24, implying a 2.9% upside from current levels. In a report issued on September 4, Longbow Research also maintained a Hold rating on the stock.

.

See today’s analyst top recommended stocks >>

The company has a one-year high of $229.67 and a one-year low of $149.16. Currently, Apple has an average volume of 26.79M.

Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is negative on the stock. Last month, Arthur Levinson, a Director at AAPL sold 35,000 shares for a total of $7,236,000.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.