Analysts say Broadcom's potential is underestimated

It seems Broadcom 's stock trades with a discount. Most of the analysts say the stock Broadcom is cheap now. At this moment 14 analysts follow the company. The recommendations are: no sells, 3 times hold and no buys. The average of the current target prices for the stock equals 301,69 USD. This is around 28 percent more than the current price of 241,79 USD.

The most recent recommendations for the semiconductor company are from Nomura Securities, UBS and Goldman Sachs .

Target prices for Broadcom vary a lot

stock prices

Broadcom 's market value equals around 96,3 billion . The Broadcom stock was the past 12 months quite unstable. Since last September the stock is 2 percent higher. This year the stock price moved between 197 and 286 dollar.

Historical stock prices Broadcom

financial analysis broadcom

On Wednesday the stock closed at 241,79 USD. Nieuwsdienst: +31 084-0032-842

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