Sunday, 17 December 2017
Latest news
Main » BMO Capital Markets Initiates Coverage on Broadcom (NASDAQ:AVGO)

BMO Capital Markets Initiates Coverage on Broadcom (NASDAQ:AVGO)

07 December 2017

It is flat, as 0 investors sold Broadcom Limited shares while 3 reduced holdings. only 0 funds opened positions while 3 raised stakes. Spectrum Management Group Inc. raised its holdings in Broadcom by 0.4% during the second quarter. Gemmer Asset Mngmt Limited Company owns 94 shares.

Gemmer Asset Mngmt Ltd Co stated it has 0.01% in Broadcom Limited (NASDAQ:AVGO). Mitchell Mcleod Pugh & Williams Inc owns 0.48% invested in Broadcom Limited (NASDAQ:AVGO) for 2,688 shares.

The Return on Equity forBroadcom Limited (NASDAQ:AVGO) measure a value of 2.70% revealing how much profit Broadcom Limited earned compared to the total amount of equity of the shareholders displayed on the balance sheet. First Bancorporation Of Omaha reported 0.24% of its portfolio in Broadcom Limited (NASDAQ:AVGO). Vantage Inv Advisors Limited Liability invested in 12 shares. KeyBanc Capital Markets maintained Broadcom Limited (NASDAQ:AVGO) rating on Friday, August 25. AVGO's profit would be $1.69B giving it 16.69 P/E if the $3.92 EPS is correct.

The Atom is Coming to Injustice 2 Next Week
Interactive Entertainment released a new Injustice 2 gameplay video focusing on Atom, the first DLC character of Fighter Pack 3 . Fighter Pack 1 includes Red Hood, Starfire, and Sub-Zero, and Fighter Pack 2 features Black Manta, Raiden, and Hellboy.

Broadcom says it will continue to target long-term annual revenue growth of 5%, but raise its target for non-GAAP gross margin to 65% and for non-GAAP operating margin to 47.5%.

Net income attributable to ordinary shares was $636 million, or $1.50 per share, in the fourth quarter ended October 29, compared with a loss of $632 million, or $1.59 per share, a year earlier.

About Broadcom 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. With 2.06 million avg volume, 0 days are for TERRAVIA HOLDINGS INCORPORATED (OTCMKTS:TVIAQ)'s short sellers to cover TVIAQ's short positions. Therefore 96% are positive. TVIAQ's SI was 537,000 shares in December as released by FINRA. The rating was maintained by Mizuho on Friday, June 2 with "Buy". Pennsylvania-based Vantage has invested 0% in Broadcom Limited (NASDAQ:AVGO). Cowen & Co has "Outperform" rating and $210 target. Nomura maintained Broadcom Limited (NASDAQ:AVGO) rating on Monday, November 6. The stock of Broadcom Limited (NASDAQ:AVGO) has "Buy" rating given on Thursday, August 24 by Drexel Hamilton. On Thursday, December 3 the stock rating was maintained by RBC Capital Markets with "Outperform". Five investment analysts have rated the stock with a hold rating, thirty-two have given a buy rating and one has issued a strong buy rating to the company. Also, CEO Hock E. Tan sold 65,000 shares of the company's stock in a transaction on Monday, March 6th. The company presently has a consensus rating of "Buy" and a consensus target price of $234.16. The company had Year Ago Sales of 4.15 Billion. The company's P/E (price to earnings) ratio is 215 and Forward P/E ratio of 14.55. The Company operates through four segments: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other.

BMO Capital Markets Initiates Coverage on Broadcom (NASDAQ:AVGO)