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 range between the high target price and low target price is between $240.00 and $156.21 suggesting an average analyst share price target price of $195.45. (at the time of writing). Given that the stocks previous close was at $181.48 and the analysts are correct then we can expect a percentage increase in value of 7.7%. There is a 50 day moving average of $163.30 and the 200 day moving average is $143.24. The company has a market cap of 851.49B. The price for the stock stands currently at: $182.31 USD
The potential market cap would be $917,039,869,682 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 147.02, revenue per share of $10.43 and a 7.7% 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.
