Drexel Hamilton believes that Apple’s stock remains one of the most underrated
Brokerage firm Drexel Hamilton has informed their customers that, according to the analysts, Apple shares remain among the most undervalued in the world.
Analyst Brian white (Brian White) has estimated that Apple shares should be worth about $185 apiece, whereas at the moment they are sold for about $114.
According to his forecast after three consecutive quarters of sales decline, the situation for Apple should start to improve. This should happen in the first quarter of the 2017 financial year, which will end on 31 December 2016.
Next year with the release of iPhone 8 Apple indicators continue to improve, at the same time should appreciate and share.