Barclays, Apple stock prices forecast 2012

Barclays, Apple stock prices forecast 2012 : Apple, Inc. AAPL +1.70% is in the IT Hardware space with a market cap of $354.12 Billion. AAPL's current price per share is $381.02, whereas Barclay's estimated target price per share is at $555.00. This is a very attractive stock considering the potential benefits from open-ended growth in iPad, iPhone, Macs and growth from China.

Apple is poised to launch a new iPad line-up in the March 2012 timeframe, followed by a 4G LTE version of the iPhone (likely the iPhone 5) by the September 2012 quarter which will add to their already steady growth figures. Barclays rate the stock as overweight and the sector as positive. Hedge funds are extremely bullish about Apple. More than a third of the hedge funds we track have Apple in their portfolio. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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