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 range between the high target price and low target price is between $240.00 and $164.00 suggesting an average Analsyt target price of $194.90. Given that the stocks previous close was at $152.82 and the analysts are correct then there would likely be a percentage uptick in value of 27.5%. It’s also worth noting that there is a 50 day moving average of $158.53 and the 200 day moving average is $134.37. The company has a market capitalization of 637.70B. The stock price is currently at: $137.00 USD
The potential market cap would be $813,288,838,618 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 111.38, revenue per share of $10.43 and a 7.72% 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.
