Broadcom Inc. which can be found using ticker (AVGO) now have 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 $156.00 with the average share target price sitting at $194.48. (at the time of writing). Now with the previous closing price of $152.79 this is indicating there is a potential upside of 27.3%. Also worth taking note is the 50 day moving average now sits at $159.19 and the 200 moving average now moves to $133.61. The market cap for the company is 703.45B. The stock price is currently at: $151.12 USD
The potential market cap would be $895,386,227,523 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 65.14, 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.
