Broadcom Inc. which can be found using ticker (AVGO) have now 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 $150.00 calculating the average target price we see $194.52. Given that the stocks previous close was at $160.52 this indicates there is a potential upside of 21.2%. There is a 50 day moving average of $153.20 and the 200 moving average now moves to $123.10. The company has a market cap of 732.45B. The current share price for the company is: $157.35 USD
The potential market cap would be $887,585,772,895 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 67.53, 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.
