Activision Blizzard, Inc (NASDAQ:ATVI) Given a $75.00 Price Target at Wedbush

James Marshall
November 14, 2017

Advsrs Asset Mngmt Inc invested in 0.07% or 12,393 shares. It is down 40.70% since November 13, 2016 and is uptrending. Cr Bard Inc now has $24.19B valuation. When we look at the Volatility of the company, Week Volatility is at 3.06% whereas Month Volatility is at 2.59%.

Analysts on average have given a price target of $70.04 to Activision Blizzard, Inc. Arrowstreet Ltd Partnership holds 1.05 million shares. (Activision), Blizzard Entertainment, Inc. The stock rose 0.43% or $0.27 reaching $63.27. As of the latest earnings report the EPS was $1.46 with 756.10M shares now outstanding. It has outperformed by 31.13% the S&P500.

Investors sentiment increased to 1.15 in Q2 2017.

The stock decreased 1.56% or $0.19 during the last trading session, reaching $12. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. 33 funds opened positions while 128 raised stakes. Moreover, Impax Asset Management Ltd has 1.98% invested in the company for 5.06 million shares.

The company is up by 0.02% percent from yesterday's close. Utah-based Utah Retirement Systems has invested 0.02% in Sprint Corp (NYSE:S). Spinnaker invested in 787 shares or 0.03% of the stock. Cambridge Investment Advsr accumulated 54,550 shares. Nomura Hldgs Inc reported 57,166 shares or 0% of all its holdings. Hudock Cap Gp Ltd Limited Liability Company invested in 0.01% or 3,010 shares. State Street Corp stated it has 26.68M shares.

Want to see what other hedge funds are holding ATVI? Stevens Mngmt Lp has invested 0.35% in C R Bard Inc (NYSE:BCR). Massachusetts-based Fmr Ltd Limited Liability Company has invested 0.02% in Callon Petroleum Company (NYSE:CPE). Water Asset Management Llc owns 461,591 shares or 2.31% of their United States portfolio. $201,105 worth of Sprint Corp (NYSE:S) shares were sold by SCHIEBER PAUL W JR. Therefore 27% are positive. The firm has "Sell" rating given on Thursday, October 26 by Jefferies. Raymond James upgraded C R Bard Inc (NYSE:BCR) on Thursday, January 5 to "Strong Buy" rating. The stock of C R Bard Inc (NYSE:BCR) earned "Equal-Weight" rating by Barclays Capital on Monday, November 6. Cowen & Co maintained it with "Hold" rating and $6.0 target in Monday, September 18 report. The firm has "Outperform" rating by Northland Capital given on Friday, November 6. Vetr raised shares of Activision Blizzard from a "sell" rating to a "hold" rating and set a $63.32 price objective for the company in a research report on Monday, November 6th. They issued a "buy" rating and a $79.00 price target on the stock. After $0.15 actual EPS reported by Mueller Water Products, Inc. for the previous quarter, Wall Street now forecasts -60.00% negative EPS growth.

Sprint Corporation is a holding company. The company was maintained on Thursday, July 6 by RBC Capital Markets. Connor Clark & Lunn Investment Management Ltd acquired 181,800 shares as Callon Petroleum Co/De (CPE)'s stock declined 11.69%. Jpmorgan Chase stated it has 223,208 shares or 0% of all its holdings.

Several analysts recently issued reports on ATVI shares. (Blizzard), King Digital Entertainment (King) and Other. Metropolitan Life Ins Com Ny has 139,319 shares for 0.01% of their portfolio. The Return on Investment (ROI) ratio of Activision Blizzard, Inc. Activision Blizzard's revenue was up 58.4% on a year-over-year basis. The current P/B amount of Activision Blizzard, Inc. best indicates the value approach in differentiating good from the bad. (NASDAQ:ATVI) for 11.91 million shares. Buckingham Research started coverage on Activision Blizzard in a report on Wednesday, September 20th.

The P/E of Activision Blizzard, now valued at 43.24 allowing its investors to analyze the company's stock valuation and its shares relative to the income of the company that it makes. (NASDAQ:ATVI) for 5,529 shares.

Ratings analysis reveals 100% of Activision Blizzard's analysts are positive. The firm has "Overweight" rating by KeyBanc Capital Markets given on Thursday, November 5. UBS AG lifted their price objective on shares of Activision Blizzard from $72.00 to $75.00 and gave the stock a "buy" rating in a research report on Friday, November 3rd. The rating was maintained by Stifel Nicolaus on Wednesday, December 14 with "Buy". The rating was initiated by Tudor Pickering on Tuesday, June 20 with "Buy". Jefferies maintained Activision Blizzard, Inc. The stock has "Overweight" rating by Morgan Stanley on Friday, September 23. (NASDAQ:ATVI) to report earnings on February, 8. Over the past one year, share prices have outperformed the broader industry. BCR's profit will be $227.40M for 26.59 P/E if the $3.12 EPS becomes a reality. Shine Investment Advisory Services Inc. purchased a new stake in shares of Activision Blizzard during the 2nd quarter worth $142,000.

Marathon Partners Equity Management Llc holds 2.92% of its portfolio in Mueller Water Products, Inc. for 545,000 shares. It also upped A stake by 9,540 shares and now owns 17,540 shares. Kellogg Company (NYSE:K) was reduced too.

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