Should You Buy Activision Blizzard, Inc (NASDAQ:ATVI) On Current Analyst Views?

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Should You Buy Activision Blizzard, Inc (NASDAQ:ATVI) On Current Analyst Views?

The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. They now have a Dollars 56 price target on the stock. Finally, Jefferies Group raised their target price on shares of Activision Blizzard from $45.00 to $55.00 and gave the company a "buy" rating in a research note on Friday, August 5th. (NYSE:MCD) surged 0.96% yesterday to close its trading session at $121.82. The stock stands almost -17.96% off versus the 52-week high and 42.22% away from the 52-week low. The average volume stands around 9.29 million shares. The firm owned 291,351 shares of the company's stock after selling 19,307 shares during the period. (NASDAQ:ATVI) by 6.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The stock appeared -6.28% below its 52-week highs and is up 1.51% for the last five trades.

A number of other hedge funds have also recently made changes to their positions in ATVI. In the last 27 earnings reports, the company has topped earnings-per-share estimates 16% percent of times.

Let's start off by taking a look at how the stock has been performing recently.

Activision Blizzard, Inc. (NASDAQ:ATVI) shares now have a mean rating of 1.90 while 12 analysts have recommended the shares as "BUY", 6 commented as "OUTPERFORM" and 3 commented as "HOLD". The Oak Brook Illinois 60523 based company is now trading 10.55% above its 52 week low of $110.33 and -6.28% below its 52 week high of $131.96.

Activision Blizzard (NASDAQ:ATVI) last issued its quarterly earnings data on Thursday, August 4th.

Our vendor, Zacks Investment Research, hasn't provided us with the upcoming earnings report date.

Morgan Stanley is following shares of Activision Blizzard, Inc.

Activision Blizzard, Inc is a developer and publisher of online, personal computer (PC), video game console, handheld, mobile and tablet games.

The consensus recommendation for Activision Blizzard, Inc.

The analysts offering 12 month price targets for Activision Blizzard, Inc. have a median target of $50, with a high estimate of $56 and a low estimate of $39. The last bid price was called at $37.30 and the ask price was stated at $37.90.

The stock gained a consensus recommendation of 1.63 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell.

Activision Blizzard, Inc. (NASDAQ:ATVI) tumbled -2.68% year-to-date. The stock's market capitalization is 27.77B. The stock has 52-week high of $45.55 and 52-Week low of $26.49.

Williams Companies, Inc. (NYSE:WMB) topped its 52-week high price of $36.97 on Dec 1, 2015 and 52-Week Low Price of $10.22 on Feb 8, 2016. The company has volume of 5.76 Million shares. Multimedia & Graphics Software NASDAQ shows a value of 58.40% with Outstanding shares of 743.21. The top paid chief executive previous year was Dara Khosrowshahi of Seattle's Expedia Inc., who received compensation of $94.6 million, largely from stock options, reports the Wall Street Journal. The difference between the actual and Estimated EPS is $0.1. The growth for the next year comes down to 7.27%, and its growth for the last five years shows at 28.90%. Zacconi Riccardo offloaded 19,761 shares in the company at a per-share price of $40.09 and ended up generating $792,220 in proceeds. Weekly volatility of KBR is 2.63% and monthly volatility is 3.66%. The stock is now holding below its 50-day SMA of $41.55 and below its 200-day SMA of $41.

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