Broadcom Inc. which can be found using ticker (AVGO) now have 31 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $240.00 and $156.21 calculating the average target price we see $192.71. Given that the stocks previous close was at $172.94 and the analysts are correct then there would likely be a percentage uptick in value of 11.4%. The 50 day MA is $157.08 and the 200 day moving average is $138.46. The market cap for the company is 816.60B. The stock price is currently at: $174.84 USD
The potential market cap would be $909,956,083,261 based on the market consensus.
The company has a dividend yield of 5.38%. Other points of data to note are a P/E ratio of 141, revenue per share of $10.43 and a 7.7% return on assets.
Broadcom Inc. is a technology company. The Company designs, develops and supplies a range of semiconductor and infrastructure software solutions. The Company operates through two segments: semiconductor solutions and infrastructure software. Its semiconductor solutions segment includes all of its product lines and intellectual property (IP) licensing. It provides semiconductor solutions for managing the movement of data in data center, telecom, enterprise and embedded networking applications. It also provides a variety of radio frequency (RF) semiconductor devices, wireless connectivity solutions and custom touch controllers for the wireless market. Its infrastructure software segment includes its mainframe, distributed and cyber security solutions, and its fiber channel storage area networking (FC SAN) business. The Company’s mainframe software provides DevOps, AIOps, Security and Data Management Systems solutions.
