Activision Blizzard, Inc with ticker code (ATVI) now have 30 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 76 and 49 calculating the average target price we see 67.53. Given that the stocks previous close was at 54.43 this indicates there is a potential upside of 24.1%. There is a 50 day moving average of 59.27 and the 200 day moving average is 57. The market capitalisation for the company is $40,669m. You can visit the company’s website by visiting: http://www.activisionblizzard.com
Activision Blizzard develops and distributes content and services on video game consoles, personal computers (PC), and mobile devices in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Activision Publishing; Blizzard Entertainment; and King Digital Entertainment. It develops, publishes, and sells interactive software products and entertainment content for the console and PC platforms through retail and digital channels, including subscription, full-game, and in-game sales, as well as by licensing software to third-party or related-party companies; and offer downloadable content. The company also maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games; and develops and publishes interactive entertainment content and services primarily on mobile platforms, such as Android and iOS, as well as distributes its content and services on the PC platform primarily through Facebook. In addition, it operate esports leagues and offer digital advertising content; and provides warehousing, logistics, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company serves retailers and distributors, including mass-market retailers, first party digital storefronts, consumer electronics stores, discount warehouses, and game specialty stores through third-party distribution and licensing arrangements. The company was incorporated in 1979 and is headquartered in Santa Monica, California.