Avago Technologies Limited (NASDAQ:AVGO) Analyst Rating Consensus

Avago Technologies Limited (NASDAQ:AVGO) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.16 by 29 Brokerage Firm. 25 Wall Street Firms have rated the stock as a strong buys. 3 stock experts have also suggested a buy rating. 1 Brokerage Firms have advised hold.

Other Equity analysts have also commented on the company shares. Equity Analysts at the Brokerage Firm, Barclays, maintains their rating on the shares of Avago Technologies Limited (NASDAQ:AVGO). Barclays has a Overweight rating on the shares. As per the latest research report, the brokerage house raises the price target to $185 per share from a prior target of $170. The rating by the firm was issued on June 3, 2016.

Avago Technologies Limited (NASDAQ:AVGO): The stock price is expected to reach $ 187.82 in the short term. The number of analysts agreeing with this consensus is 27. The higher estimate for the short term price target is at $211 while the lower estimate is at $130. The standard deviation of the price stands at $16.82.

Avago Technologies Limited (NASDAQ:AVGO) witnessed a decline in the market cap on Tuesday as its shares dropped 0.71% or 1.12 points. After the session commenced at $157.61, the stock reached the higher end at $158.4 while it hit a low of $155.61. With the volume soaring to 1,612,638 shares, the last trade was called at $155.81. The company has a 52-week high of $166. The company has a market cap of $61,626 million and there are 395,518,580 shares in outstanding. The 52-week low of the share price is $100.

Broadcom Limited has dropped 1.69% in the last five trading days, however, the shares have posted positive gains of 6.52% in the last 4 weeks. Broadcom Limited is up 1% in the last 3-month period. Year-to-Date the stock performance stands at 8.04%.

Avago Technologies Limited (Avago) is a designer, developer and global supplier of a range of analog semiconductor devices. The Company focuses on III-V based products and complex digital and mixed signal complementary metal oxide semiconductor (CMOS) based devices. The Company operates through four segments: wireless communications, enterprise storage, wired infrastructure and industrial & other. The wireless communications segment supports the wireless industry with a range of radio frequency (RF) semiconductor devices. The enterprise storage segment consists of LSI Corporations (LSIs) storage products and PLX Technology, Inc.s (PLXs) peripheral component interconnect express (PCIe) switches and bridges. The wired infrastructure segment supplies transceivers that receive and transmit information along optical fibers in the storage and Ethernet networking markets. The industrial & other segment provides a range of products for the general industrial and automotive markets.

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