The stocks of AVGO have been given a rating of buy by around twenty-nine different brokerage firms that have covered the company. Five of the analysts have already given the stocks a rating of hold, while nineteen others have issued a rating of buy for the company. The price target set for the company over the year is $469.92.
The Stock Commentary Of AVGO
There have been a number of equity firms that have commented on the stocks of AVGO. Robert W. Baird has already put up a rating of buy in a 7th March research report. Loop Capital has also increased the price target of the company from $460 to $540 in an 8th March research report. KeyCorp has also increased the price target of the company from $470 to $540 with a rating of overweight in an 11th March research report.
Credit Suisse Group has also put up a rating of outperform with a price target increased to $580 in a 2nd March research report. In the end, Morgan Stanley has also increased the price target to $538 with a rating of overweight in an 8th March research report.
The stocks of AVGO traded on Monday at $466.13. The year low of the company is $254.75, with a year high of around $495.14. The current ratio of the company is 1.87, with a 1.71 quick ratio, and a 1.69 debt-to-equity ratio. The market cap of the firm is $190.32 billion, with a PE ratio of around 74.11, with a 1.50 PEG ratio, and a 1.05 beta. The moving average price of the company over a period of 50 days is $468.33, with a moving average price over 200 days set at $433.08.
AVGO previously posted their quarterly report on the 3rd of Wednesday. The manufacturer of semiconductors had an EPS of $6.61 for this quarter, which was more than the consensus estimate of around $6.56. The net margin of the company has been 12.39%, with a 35.23% return on its equity.