16.58% to Target, RBC Capital Keeps “Buy” Rating for Broadcom Ltd (AVGO) Stock; Last Week Lundin Mining (TSE:LUN) Analysts

July 6, 2017 - By Nellie Frank

Among 39 analysts covering Avago Technologies Limited (NASDAQ:AVGO), 37 have Buy rating, 0 Sell and 2 Hold. Therefore 95% are positive. Avago Technologies Limited has $30000 highest and $95.0 lowest target. $220.82’s average target is -4.66% below currents $231.61 stock price. Avago Technologies Limited had 104 analyst reports since August 4, 2015 according to SRatingsIntel. Cowen & Co maintained the stock with “Outperform” rating in Friday, September 2 report. Suntrust Robinson initiated the shares of AVGO in report on Thursday, January 14 with “Buy” rating. Brean Capital maintained the stock with “Buy” rating in Friday, June 3 report. The stock of Broadcom Ltd (NASDAQ:AVGO) earned “Hold” rating by Topeka Capital Markets on Tuesday, February 16. On Friday, June 3 the stock rating was maintained by Oppenheimer with “Outperform”. The stock of Broadcom Ltd (NASDAQ:AVGO) has “Buy” rating given on Thursday, August 27 by M Partners. The rating was maintained by RBC Capital Markets with “Top Pick” on Monday, August 29. The stock of Broadcom Ltd (NASDAQ:AVGO) has “Top Pick” rating given on Friday, June 3 by RBC Capital Markets. Jefferies maintained the stock with “Buy” rating in Thursday, June 1 report. Canaccord Genuity maintained Broadcom Ltd (NASDAQ:AVGO) rating on Friday, May 26. Canaccord Genuity has “Buy” rating and $25000 target.

Among 8 analysts covering Lundin Mining Corporation (TSE:LUN), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Lundin Mining Corporation had 71 analyst reports since July 21, 2015 according to SRatingsIntel. Raymond James downgraded it to “Market Perform” rating and $4.50 target in Friday, December 4 report. The firm earned “Outperform” rating on Thursday, December 1 by RBC Capital Markets. Scotia Capital maintained the stock with “Focus Stock” rating in Monday, November 28 report. Goldman Sachs upgraded Lundin Mining Corporation (TSE:LUN) on Wednesday, November 16 to “Buy” rating. The firm has “Outperform” rating given on Friday, August 21 by BMO Capital Markets. RBC Capital Markets maintained the shares of LUN in report on Friday, January 22 with “Outperform” rating. The firm has “Outperform” rating given on Thursday, December 3 by RBC Capital Markets. The firm earned “Outperform” rating on Thursday, April 20 by RBC Capital Markets. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, July 22 report. Barclays Capital downgraded Lundin Mining Corporation (TSE:LUN) on Thursday, January 14 to “Equal Weight” rating. See Lundin Mining Corporation (TSE:LUN) latest ratings:

28/04/2017 Broker: Scotia Capital Rating: Focus Stock New Target: $9.50 Maintain
20/04/2017 Broker: RBC Capital Markets Rating: Outperform New Target: $11.00 Maintain
13/04/2017 Broker: Credit Suisse Rating: Outperform New Target: $9.50 Initiate
11/04/2017 Broker: RBC Capital Markets Rating: Outperform Maintain
01/03/2017 Broker: RBC Capital Markets Rating: Outperform Old Target: $8.50 New Target: $10.00 Target Down
24/02/2017 Broker: TD Securities Rating: Buy Old Target: $9.50 New Target: $10.00 Target Down
23/01/2017 Broker: Scotia Capital Rating: Focus Stock New Target: $9.00 Maintain
23/01/2017 Broker: RBC Capital Markets Rating: Outperform New Target: $8.50 Maintain
19/01/2017 Broker: Goldman Sachs Rating: Old Target: $9.00 New Target: $11.00 Target Down
16/01/2017 Broker: TD Securities Rating: Buy New Target: $9.50 Maintain

Investors sentiment increased to 3 in 2016 Q4. Its up 2.00, from 1 in 2016Q3. It improved, as 0 investors sold Broadcom Ltd shares while 2 reduced holdings. 1 funds opened positions while 5 raised stakes. 176,130 shares or 129.08% more from 76,885 shares in 2016Q3 were reported. Quantitative Inv Ltd Liability Co holds 0.32% or 72,300 shares in its portfolio. Vantage Inv Advisors Ltd Llc reported 12 shares. Mitchell Mcleod Pugh And Williams has 0.35% invested in Broadcom Ltd (NASDAQ:AVGO). Wagner Bowman Management Corporation has invested 0.07% of its portfolio in Broadcom Ltd (NASDAQ:AVGO). Cibc Ww Mkts holds 0.05% or 29,230 shares in its portfolio. Eqis Capital Mngmt accumulated 13,477 shares. Balasa Dinverno & Foltz Limited Liability Co holds 0.05% or 1,773 shares. Scott And Selber Inc reported 1.91% stake. First National Bank & Trust Of Omaha reported 0.24% in Broadcom Ltd (NASDAQ:AVGO). Gemmer Asset Mgmt Ltd reported 0.01% in Broadcom Ltd (NASDAQ:AVGO).

The stock increased 0.81% or $1.85 during the last trading session, reaching $231.61. About 170 shares traded. Broadcom Ltd (NASDAQ:AVGO) has risen 64.00% since July 6, 2016 and is uptrending. It has outperformed by 47.30% the S&P500.

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 devices and analog III-V based products. The company has market cap of $91.65 billion. The Firm operates through four divisions: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other. It currently has negative earnings. 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.