In a report released today, Andrew Marok from Raymond James maintained a Buy rating on Activision Blizzard (ATVI). The company’s shares closed last Wednesday at $102.35, close to its 52-week high of $104.53.
Marok has an average return of 38.4% when recommending Activision Blizzard.
According to TipRanks.com, Marok is ranked #1666 out of 7322 analysts.
Currently, the analyst consensus on Activision Blizzard is a Strong Buy with an average price target of $113.67, a 10.8% upside from current levels. In a report issued on February 5, Jefferies also assigned a Buy rating to the stock with a $110.00 price target.
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The company has a one-year high of $104.53 and a one-year low of $50.51. Currently, Activision Blizzard has an average volume of 6.37M.
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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. The Blizzard segment develops and publishes interactive software products and entertainment content, particularly for the PC platform. The King segment develops and publishes interactive entertainment content and services, particularly on mobile platforms, such as Google’s Android and Apple’s iOS. The company was founded in 1979 and is headquartered in Santa Monica, CA.
