D.A. Davidson Keeps $325.0 TP On Broadcom Ltd (AVGO), Keeps “Buy” Rating; Ilg (ILG) Shorts Down By 23.01%

December 8, 2017 - By Richard Conner

Among 46 analysts covering Avago Technologies Limited (NASDAQ:AVGO), 44 have Buy rating, 0 Sell and 2 Hold. Therefore 96% are positive. Avago Technologies Limited has $335.0 highest and $95.0 lowest target. $261.55’s average target is 0.63% above currents $259.91 stock price. Avago Technologies Limited had 164 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by Bernstein on Monday, November 13. The stock has “Outperform” rating by Bernstein on Wednesday, October 5. Zacks upgraded Broadcom Limited (NASDAQ:AVGO) rating on Monday, September 21. Zacks has “Buy” rating and $143 target. The stock of Broadcom Limited (NASDAQ:AVGO) has “Buy” rating given on Tuesday, December 5 by Susquehanna. The stock of Broadcom Limited (NASDAQ:AVGO) earned “Buy” rating by J.P. Morgan on Tuesday, August 22. As per Friday, June 3, the company rating was maintained by UBS. The firm has “Buy” rating given on Thursday, December 7 by Jefferies. The company was maintained on Friday, August 25 by Morgan Stanley. The stock has “Overweight” rating by JP Morgan on Tuesday, February 16. The rating was maintained by Brean Capital with “Buy” on Thursday, December 3.

Ilg Incorporated (NASDAQ:ILG) had a decrease of 23.01% in short interest. ILG’s SI was 3.81M shares in December as released by FINRA. Its down 23.01% from 4.95 million shares previously. With 861,200 avg volume, 4 days are for Ilg Incorporated (NASDAQ:ILG)’s short sellers to cover ILG’s short positions. The SI to Ilg Incorporated’s float is 3.61%. The stock increased 1.62% or $0.46 during the last trading session, reaching $28.89. About 808,487 shares traded. ILG, Inc. (NASDAQ:ILG) has risen 97.56% since December 8, 2016 and is uptrending. It has outperformed by 80.86% the S&P500.

Broadcom Limited designs, develops, and supplies a range of semiconductor devices worldwide. The company has market cap of $111.81 billion. It focuses on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. It has a 60.93 P/E ratio. The firm operates through four divisions: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other.

The stock decreased 1.51% or $3.98 during the last trading session, reaching $259.91. About 3.94 million shares traded or 25.44% up from the average. Broadcom Limited (NASDAQ:AVGO) has risen 64.00% since December 8, 2016 and is uptrending. It has outperformed by 47.30% the S&P500.

Investors sentiment is 1 in Q2 2017. Its the same as in 2017Q1. It is the same, as 0 investors sold Broadcom Limited shares while 3 reduced holdings. only 0 funds opened positions while 3 raised stakes. 179,559 shares or 50.22% more from 119,529 shares in 2017Q1 were reported. Wagner Bowman Mgmt Corp has 1,248 shares. Vantage Investment Advsrs Ltd owns 12 shares. Balasa Dinverno & Foltz Limited Com holds 1,640 shares. Eqis Capital has invested 0.21% in Broadcom Limited (NASDAQ:AVGO). 94 are held by Gemmer Asset Mgmt Limited Liability Corp. Scott & Selber owns 16,550 shares. Cibc Ww Corporation has invested 0.25% in Broadcom Limited (NASDAQ:AVGO). Moreover, First Bancorporation Of Omaha has 0.24% invested in Broadcom Limited (NASDAQ:AVGO). Mitchell Mcleod Pugh And Williams owns 0.48% invested in Broadcom Limited (NASDAQ:AVGO) for 2,688 shares.

Analysts await Broadcom Limited (NASDAQ:AVGO) to report earnings on December, 14. They expect $3.92 EPS, up 30.67% or $0.92 from last year’s $3 per share. AVGO’s profit will be $1.69 billion for 16.58 P/E if the $3.92 EPS becomes a reality. After $3.73 actual EPS reported by Broadcom Limited for the previous quarter, Wall Street now forecasts 5.09% EPS growth.

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