Brokerage Firm Rating on Activision Blizzard Inc (ATVI)

Activision Blizzard Inc (ATVI) has an average broker rating of 1.56, which is interpreted as a Buy, as rated by 16 equity analysts. Nonetheless, 11 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.

Activision Blizzard Inc (ATVI) : Currently there are 15 street experts covering Activision Blizzard Inc (ATVI) stock. The most bullish and bearish price target for the stock is $55 and $32 respectively for the short term. The average price target of all the analysts comes to $45. The estimated standard deviation from the target is $5.03.


For the current week, the company shares have a recommendation consensus of Buy. Activision Blizzard Inc (NASDAQ:ATVI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $41.14 and $41.14 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $41.71. The buying momentum continued till the end and the stock did not give up its gains. It closed at $41.31, notching a gain of 0.51% for the day. The total traded volume was 6,542,351 . The stock had closed at $41.10 on the previous day.

In a related news,The officer (Pres. & CEO-Blizzard Ent.) of Activision Blizzard, Inc., Morhaime Michael sold 1,150,000 shares at $38.15 on June 13, 2016. The Insider selling transaction had a total value worth of $43,872,500. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Activision Blizzard, Inc. is a developer and publisher of online, personal computer (PC), video game console, handheld, mobile and tablet games. The Company 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. 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. The Companys operating segments include Activision Publishing, Inc. and its subsidiaries, Blizzard Entertainment, Inc. and its subsidiaries, and Activision Blizzard Distribution.

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