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 maximum price target given was 305, implying potential capital gains of 21.54 percent. The most pessimistic price target was 203, implying a possible loss of -19.11 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 10.46 percent if we expand the time horizon to include the past 3 months instead of just one. 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.

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 made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

In the trailing 52-weeks, AVGO hit 258.49 at the highest peak, while it's lowest trading point was 158.75. The current market price is above the trailing year's low by 58.08 percent, and 2.92 percent lower than its 52-week high. 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.