Broadcom Inc. which can be found using ticker (AVGO) now have 31 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $219.74 and $142.83 and has a mean share price target at $178.87. (at the time of writing). Given that the stocks previous close was at $147.02 this indicates there is a potential upside of 21.7%. Also worth taking note is the 50 day moving average now sits at $156.17 and the 200 day moving average is $126.41. The company has a market cap of 669.46B. The stock price for Occidental Petroleum Corporation is $143.82 USD
The potential market cap would be $814,495,840,902 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 61.99, 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.
