Broadcom (AVGO) Rating Kept
The firm have set TP of $320.0 on Broadcom (AVGO) shares. This is 21.25 % from the current price. In a research report revealed to clients on Thursday, 7 December, Cowen restate their Outperform rating on shares of AVGO.
AVGO is currently trading 0.00% lower at $0.00 as of 10:03 PM New York time. Broadcom’s stock is 0% over the past 200 days. It has underperformed the S&P 500 Index, which has increased 6.00% over the same time.
Out of 26 brokers covering Broadcom, 29 rate it a Buy, 0 indicate a Hold while 0 suggest a Sell. The highest target is $211 and the lowest is $180 according to Thomson/First Call. The 12-month mean target is $193.31, which means upside potential of ∞% over the current price.
Scott & Selber Inc. had the most significant stake with ownership of 16,936 shares as of q2 2015 for 1.84% of the portfolio. Mitchell Mcleod Pugh & Williams Inc is another quite bullish fund who is possessing 2,045 shares of Broadcom or 0.31% of their portfolio. Further, Quantitative Investment Management Llc have 0.21% of their portfolio invested in the company for 36,100 shares. The California-based fund Eqis Capital Management Inc. revealed it had acquired a stake worth about 0.12% of the fund’s stock portfolio in Broadcom. The Maryland-based fund Wagner Bowman Management Corp is also positive about the stock, possessing 10,816 shares or 0.07% of their portfolio.
Broadcom (AVGO) closed at $0 yesterday. A total of shares of the company’s stock traded hands. This is down from average of shares. Broadcom has a 52 week low of $0.00 and a 52 week high of $0. The company has a market cap of $ and a P/E ratio of 0.
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