Broadcom Inc. with ticker code (AVGO) now have 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 $156.21 calculating the average target price we see $192.71. Now with the previous closing price of $178.09 this now indicates there is a potential upside of 8.2%. The day 50 moving average is $157.89 and the 200 day moving average is $139.64. The market cap for the company is 806.56B. The price for the stock stands currently at: $172.69 USD
The potential market cap would be $872,775,892,542 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 139.27, 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.
