Analyst Ratings for Broadcom Ltd. (AVGO)

Updated: 2017-07-28

Broadcom Ltd. (NASDAQ:AVGO) was awarded an average rating of Buy from investment analysts following the stock. AVGO had previously received a consensus rating of Buy a month ago.

35 analysts issued ratings on the stock, where 30 gave AVGO a buy rating, 3 issued an overweight rating, 2 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

Investment analysts gave a few price targets for AVGO. The highest price target was 305, implying potential capital gains of 21.54 percent. The most pessimistic analyst gave a price target of 203, implying a possible loss of -19.11 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 10.46 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.07 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 6.54 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

AVGO has traded between a high of 258.49 and a low of 158.75 over the past year. The current market price is above the trailing year's low by 58.08 percent, and below the high by 2.92 percent. AVGO has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The AVGO value stock report compares AVGO to some of its peers using value stock charts. The market cap of AVGO is $104.5 billion. AVGO's next earnings release will be on 0000-00-00, which is days away.