Broadcom Inc (AVGO) stock is down -3.5% Wednesday. AVGO stock is higher by 17.7% over the last 12 months, and the average rating from Wall Street analysts is a Moderate Buy. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives AVGO stock a score of 70 out of a possible 100.
That score is primarily influenced by a fundamental score of 75. In addition to the average rating from Wall Street analysts, AVGO stock has a mean target price of $303.30. This means analysts expect the stock to climb 6.5% over the next 12 months. AVGO’s score also includes a short-term technical score of 68. The long-term technical score for AVGO is 68.
What’s Happening with AVGO Stock Today
Broadcom Inc (AVGO) stock is down -3.5% while the S&P 500 is higher by 0.77% as of 1:00 PM on Wednesday, Jul 3. AVGO is lower by -$10.44 from the previous closing price of $295.33 on volume of 4,937,992 shares. Over the past year the S&P 500 has risen 9.87% while AVGO is higher by 17.7%. AVGO earned $8.10 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 35.18.