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Avago Technologies Limited (NDAQ:AVGO) target price raised to $315.00, reported today by RBC Capital Markets

Avago Technologies Limited (NDAQ:AVGO) had its target price raised to $315.00 by RBC Capital Markets in a report released 11/20/2017. The new target price indicates a possible upside of 0.15% based on the company's last stock close price.

Previously on 10/11/2017, RBC Capital Markets reported about Avago Technologies Limited (NDAQ:AVGO) raised the target price from $0.00 to $285.00. At the time, this indicated a possible upside of 0.14%.

Yesterday Avago Technologies Limited (NDAQ:AVGO) traded 3.75% higher at $273.95. The company’s 50-day moving average is $244.74 and its 200-day moving average is $241.35. The last stock close price is up 4.78% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time. 4,475,330 shares of the stock were exchanged, up from an average trading volume of 2,538,360

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Avago Technologies Limited (NDAQ:AVGO)

Avago Technologies Limited has a 52 week low of $160.62 and a 52 week high of $259.36 with a P/E ratio of 192.61 The company’s market cap is currently $0.

In addition to RBC Capital Markets reporting its target price, a total of 26 firms have reported on the stock. The consensus target price is $193.31 with 8 firms rating the stock a strong buy, 21 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Avago Technologies Limited (NDAQ:AVGO)

Broadcom Limited is a designer, developer and global supplier of a range of semiconductor devices with a focus on digital and mixed signal complementary metal oxide semiconductor (CMOS)-based devices and analog III-V based products. The Company operates through four segments: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other. It offers a range of products that are used in end-products, such as enterprise and data center networking, home connectivity, set-top boxes (STBs), broadband access, telecommunication equipment, smartphones, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Its product portfolio ranges from discrete devices to complex sub-systems that include multiple device types, and also includes firmware for interfacing between analog and digital systems. Its products include mechanical hardware that interfaces with optoelectronic or capacitive sensors.

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