Breaking Finance News

Vetr Inc. announced Activision Blizzard, Inc. (NASDAQ:ATVI), bumping up its stock price target to $44.87 today

In a report released on 9/26/2016 Vetr Inc. increased the stock price target of Activision Blizzard, Inc. (NASDAQ:ATVI) to $44.87 reporting a possible upside of 0.01%.

Previously on 09/23/2016, Morgan Stanley reported on Activision Blizzard, Inc. (NASDAQ:ATVI) increased the target price from $0.00 to $56.00. At the time, this indicated a possible upside of 0.26%.

Just yesterday Activision Blizzard, Inc. (NASDAQ:ATVI) traded -0.34% lower at $44.36. Activision Blizzard, Inc.’s 50-day moving average is $42.09 and its 200-day moving average is $38.29. The last closing price is up 15.86% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 8,694,746 shares of ATVI traded hands, down from an average trading volume of 9,501,030

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 44.67 and has a market capitalization of $0.

In addition to Vetr Inc. reporting its stock price target, a total of 20 brokers have issued a research note on the company. The average stock price target is $42.02 with 5 brokers rating the stock a strong buy, 14 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

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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