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Cowen & Co. Remains a Hold on Activision Blizzard (ATVI)


In a report released today, Doug Creutz from Cowen & Co. maintained a Hold rating on Activision Blizzard (ATVI), with a price target of $56. The company’s shares closed yesterday at $62.79.

Creutz has an average return of 37.6% when recommending Activision Blizzard.

According to TipRanks.com, Creutz is ranked #155 out of 4912 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Activision Blizzard with a $80.58 average price target, a 28.3% upside from current levels. In a report issued on October 30, MKM Partners also reiterated a Hold rating on the stock with a $71 price target.

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Activision Blizzard’s market cap is currently $47.86B and has a P/E ratio of 96.6. The company has a Price to Book ratio of 4.63.

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Activision Blizzard, Inc. engages in the development and publication of interactive entertainment. It operates through the following segments: Activision, Blizzard, and King. The Activision segment develops and publishes interactive software products and entertainment content, particularly for the console platform.