Activision Blizzard, Inc. (NASDAQ:ATVI) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 20, 2016
Boasting a price of $44.13, Activision Blizzard, Inc. (NASDAQ:ATVI) traded 0.02% higher on the day. With the last stock price close up 16.11% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Activision Blizzard, Inc. has recorded a 50-day average of $41.61 and a two hundred day average of $38.01. Volume of trade was down over the average, with 6,055,798 shares of ATVI changing hands under the typical 9,458,150
Zacks Investment Research has downgraded Activision Blizzard, Inc. (NASDAQ:ATVI) to Hold in a statement released on Tuesday September 20, 2016.
On Tuesday September 13, 2016, Vetr Inc. released a statement for Activision Blizzard, Inc. (NASDAQ:ATVI) bumped up the target price from $0.00 to $42.09 that suggested a downside of 0.00%.
With a total market value of $0, Activision Blizzard, Inc. has price-earnings ratio of 44.44 with a one year low of $26.49 and a one year high of $44.84 .
A total of 20 brokers have issued a report on the stock. 5 brokers rating the stock a strong buy, 14 brokers rating the stock a buy, 1 firm rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $42.02.
Brief Synopsis On 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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