Broadcom Inc. which can be found using ticker (AVGO) have now 31 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $240.00 and $156.00 calculating the mean target price we have $194.48. Given that the stocks previous close was at $165.72 and the analysts are correct then we can expect a percentage increase in value of 17.4%. The 50 day moving average now sits at $159.43 and the 200 day MA is $130.09. The market cap for the company is 780.67B. The price for the stock stands currently at: $167.71 USD
The potential market cap would be $916,151,886,747 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 72.6, revenue per share of $9.79 and a 7.43% 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.
