2 days agoApple big forecasts for the next 12 months
Periskopi(9 years ago)
(9 years ago)Apple's stock price dropped by 9% compared to the highest score of $156.10 in May, but Wall Street analyst Brian White believes the company has a golden chance of debuting iPhone 8. White believes Apple is one of the least appreciated companies in the world. According to him [...]
White believes Apple is one of the least appreciated companies in the world. According to his iPhone, it is expected to send the value of shares to $202 in the next 12 months, which could send the company's market value to over $1 trillion.
Currently, Apple's market value is $737 billion.
“Just as the company declined in the summer of 2013 to rebuild at record levels in 2015, we believe the same is happening as we prepare for the new iPhone cycle that is expected to send an action to $202 in the following 12 months,” the analyst expressed in question.
During the month, RBC analyst Capital Markets also said that in the next 12 or 18 months Apple could reach the value of $1 trillion. It envisioned an increase of shares in $192-195.
According to him, the iPhone will be one of the main catalysts to facilitate the company's path towards this goal. Today Apple shares are valued at $142,733.
