Stock Update (NASDAQ:ATVI): Activision Delivers Top Global Games of 2014: Call of Duty: Advanced Warfare #1 Top-Selling Video Game; Skylanders Trap Team #1 Kids Video Game; Destiny #1 New Video Game IP
(BUSINESS WIRE)– Activision Publishing, Inc., a wholly owned subsidiary of Activision Blizzard, Inc. (NASDAQ:ATVI), delivered the top-selling console video game of 2014 with Call of Duty®: Advanced Warfare and the top-selling kids video game in the world with Skylanders Trap Team.1 Call of Duty: Advanced Warfare topped the U.S. charts for 2014 and claimed the title of the #1 top-selling console game of 2014 globally.1 Call of Duty is also the #1 franchise in the U.S. for the sixth year in a row in the U.S., based on revenue.2 Skylanders® Trap Team is the #1 top-selling kids video game globally, and Skylanders is the #1 kids video game franchise of the year in the U.S, and globally, for the third year in a row, based on retail sell-through including toys and accessories.1… Read more »
Shares of Activision Blizzard Inc closed yesterday at $18.55 . ATVI has a 1-year high of $24.18 and a 1-year low of $16.55. The stock’s 50-day moving average is $20.19 and it’s 200-day moving average is $21.32.
On the ratings front, Activision Blizzard Inc has been the subject of a number of recent research reports. In a report published on December 12, analyst Michael Olson from Piper Jaffray reiterated a Buy rating on ATVI, with a price target of $24, which represents a potential upside of 29.4% from where the stock is currently trading. Separately, on November 20, Wedbush`s Michael Pachter reiterated a Buy rating on Activision Blizzard Inc shares and has a price target of $31.
In total, 7 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $18.55 which is 41.1% above where the stock closed yesterday.
Activision Blizzard Inc is an online, personal computer, video game console, tablet, handheld, and mobile game publisher. It has three operating segments: – Activision Publishing, Inc., Blizzard Entertainment, Inc. and Activision Blizzard Distribution.