Stock To Watch: Avago Technologies Limited (NASDAQ:AVGO)


The leading market experts have placed a mean price target of $192.15 on Avago Technologies Limited (NASDAQ:AVGO) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $3.17 a share for the upcoming quarter and $10.94 for the current fiscal. Technical View The technical analysis of Broadcom Limited plainly substantiates that the 50-day moving average of Broadcom Limited is $157.48, and stock is hovering 4.41 or +2.80% distant from $157.48. It is noted that the 200-day MA is $146.33, and Broadcom Limited stock is $15.56 or +10.63% off from this point. Avago Technologies Limited (NASDAQ:AVGO) 52-week high is $167.60 and the 52-week low is $100.00. This explains if the stock moves $-5.71, it will post a 52-week high. In event of $+61.89% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Broadcom Limited, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Avago Technologies Limited (NASDAQ:AVGO) ratio came in at N/A. The stock last ended the trading session at $161.89 and registered a market cap of $64.03B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Avago Technologies Limited (NASDAQ:AVGO) PEG ratio is at 0.92.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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