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 range between the high target price and low target price is between $240.00 and $156.00 suggesting an average Analsyt target price of $194.48. Given that the stocks previous close was at $161.39 this would imply there is now a potential upside of 20.5%. The 50 day moving average now sits at $160.62 while the 200 day moving average is $132.35. The market cap for the company is 748.46B. The price for the stock stands currently at: $160.79 USD
The potential market cap would be $901,915,408,925 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 69.31, 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.
