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A statement released earlier today by Vetr Inc. about Activision Blizzard, Inc. (NASDAQ:ATVI) bumps the target price to $49.99

Stating a potential upside of 0.16%, Vetr Inc. raised the target price of Activision Blizzard, Inc. (NASDAQ:ATVI) to $49.99

Just yesterday Activision Blizzard, Inc. (NASDAQ:ATVI) traded 1.23% higher at $42.91. Activision Blizzard, Inc.’s 50-day moving average is $43.50 and its 200-day moving average is $39.51. With the last stock price up 10.59% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same time. 8,669,042 shares of the stock traded hands, up from an avg. volume of 8,554,920

Recent Performance Chart

Activision Blizzard, Inc. (NASDAQ:ATVI)

Activision Blizzard, Inc. has 52 week low of $26.49 and a 52 week high of $45.12 with a PE ratio of 44.00 and has a market capitalization of $0.

In addition to Vetr Inc. reporting its stock price target, a total of 20 equity analysts have released a research note on ATVI. The one year target is $42.02 with five equity analysts rating the company a strong buy, fourteen equity analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and lastly zero analysts rating the company a sell.

More About Activision Blizzard, Inc. (NASDAQ:ATVI)

Activision Blizzard, Inc. is a developer and publisher of online, personal computer (PC), video game console, handheld, mobile and tablet games. The Company operates through Activision Publishing, Inc. (Activision) and its subsidiaries, Blizzard Entertainment, Inc. (Blizzard) and its subsidiaries, and Other segments. The Company also develops products spanning other genres, including first-person action, action/adventure, role-playing, simulation and strategy. It distributes interactive entertainment hardware and software products in Europe through its European distribution subsidiaries: Centresoft in the United Kingdom and NBG in Germany. It offers games that operate on the Microsoft Corporation (Microsoft) Xbox One (Xbox One) and Xbox 360 (Xbox 360), Nintendo Co. Ltd. (Nintendo) Wii U (Wii U) and Wii (Wii), and Sony Computer Entertainment Inc. (Sony) PlayStation 4 (PS4) and PlayStation 3 (PS3) console systems.

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