Can analysts adopt a bullish outlook for Activision Blizzard, Inc. (NASDAQ:ATVI)?

Doris Richards
October 13, 2017

The Company develops and distributes content and services across various gaming platforms, including video game consoles, personal computers (PC) and mobile devices. It has a 48.08 P/E ratio. The Company's divisions include Activision Publishing, Inc. Jefferies Group LLC reissued a "buy" rating and issued a $78.00 target price on shares of Activision Blizzard in a report on Sunday. (Blizzard), King Digital Entertainment (King) and Other. Accuvest Global Advisors now owns 9,758 shares of the company's stock valued at $562,000 after acquiring an additional 194 shares in the last quarter. Compass Minerals International now has $2.26 billion valuation.

American International Group, Inc. has a consensus outperform rating from 19 Wall Street analysts, and the number of shares now sold short amount to at least 1.87% of shares outstanding. Float is the proportion of issued also outstanding shares that can be liberally traded, nothing like locked-up insider holdings or restricted employee shares. Compass Minerals International, Inc. Edison International (EIX) has risen 12.39% since October 12, 2016 and is uptrending. It has underperformed by 30.01% the S&P500.

The average 1-year price target for Arconic Inc.

Freshford Capital Management Llc increased Activision Blizzard Inc (ATVI) stake by 185.51% reported in 2017Q2 SEC filing. It has outperformed by 31.13% the S&P500.

Looking at the stock's movement on the chart, Activision Blizzard, Inc. have shares float of 1.83%.


Crow Point Partners Llc holds 6.24% of its portfolio in Edison International for 485,000 shares. The Connecticut-based Lone Pine Capital Llc has invested 6.3% in the stock. 639.89 million shares or 1.59% less from 650.21 million shares in 2017Q1 were reported.

Ratings analysis reveals 100% of Activision Blizzard's analysts are positive. Adage Prtnrs Group Incorporated Ltd reported 0.22% in Activision Blizzard, Inc. Stifel Nicolaus now has a $71.00 target price on the stock. Finally, Stifel Nicolaus restated a buy rating and issued a $59.00 price objective (up from $53.00) on shares of Activision Blizzard in a report on Tuesday, May 2nd. Benchmark maintained the shares of ATVI in report on Friday, May 6 with "Buy" rating. Credit Suisse maintained Activision Blizzard, Inc. They issued an "equal weight" rating and a $65.00 price objective on the stock. (NASDAQ:ATVI) has "Outperform" rating given on Friday, February 12 by Macquarie Research. The other 6, though not evenly; between analysts who think you should buy Arconic Inc. versus those who think you should sell it. The value of the investment in (ATVI) went from $1,969,000 to $2,244,000 a change of $275,000 for the reporting period. The company's 3-months average volume stands at 5.89 million. ATVI's profit will be $332.20 million for 35.23 P/E if the $0.44 EPS becomes a reality. Regent Investment Mngmt Lc reported 0.12% of its portfolio in Activision Blizzard, Inc.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $1.10 million activity.

Centre Asset Management, LLC downsized its stake by selling 2,220 shares a decrease of 1.6%. This will reduce the number of "whipsaws", which is good, but will also generate signals later than when using shorter term averages. Following the completion of the sale, the director now owns 189,791 shares of the company's stock, valued at $11,753,756.63. Coach Inc. (NYSE:COH) was reduced too. This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell. Therefore 81% are positive. This is according to the analysts polled by Thomson Reuters which have recently published research reports on the firm. Barclays Capital maintained the shares of ATVI in report on Wednesday, August 5 with "Overweight" rating. As per Thursday, August 17, the company rating was maintained by Stifel Nicolaus. Piper Jaffray maintained the stock with "Overweight" rating in Monday, August 10 report. On Monday, August 10 the stock rating was downgraded by Zacks to "Hold". The firm earned "Buy" rating on Wednesday, June 7 by Morgan Stanley.

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