Analysts fell to the sidelines weighing in on Broadcom (AVGO) and Ardagh Group SA (ARD) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Broadcom (AVGO)
In a report released yesterday, Ambrish Srivastava from BMO Capital maintained a Hold rating on Broadcom, with a price target of $250. The company’s shares opened today at $264.89.
According to TipRanks.com, Srivastava is a 5-star analyst with an average return of 11.3% and a 71.7% success rate. Srivastava covers the Consumer Goods sector, focusing on stocks such as Skyworks Solutions, Texas Instruments, and Synaptics Inc.
Broadcom has an analyst consensus of Strong Buy, with a price target consensus of $298.88.
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Ardagh Group SA (ARD)
In a report released today, Scott Gaffner from Barclays maintained a Hold rating on Ardagh Group SA, with a price target of $14. The company’s shares opened today at $13.46.
According to TipRanks.com, Gaffner is a 4-star analyst with an average return of 8.9% and a 63.9% success rate. Gaffner covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Silgan Holdings, and Sonoco Products.
Currently, the analyst consensus on Ardagh Group SA is a Moderate Buy with an average price target of $16.67.
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