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 minimum price target given was 203, implying potential capital losses of -19.11 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 10.46 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.07 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 6.54 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

In the trailing 52-weeks, AVGO hit 258.49 at the highest peak, while it's lowest trading point was 158.75. Today's price is 58.08 percent above the 52-week low, and below the high by 2.92 percent. AVGO has a P/E 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 stock has a market capitalization of $104.5 billion. AVGO will post this quarters earnings in days, on 0000-00-00.