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Berenberg Bank Sticks to Their Buy Rating for Activision Blizzard (ATVI)

In a report issued on March 11, Jamie Bass from Berenberg Bank maintained a Buy rating on Activision Blizzard (ATVIResearch Report), with a price target of $95.00. The company’s shares closed last Tuesday at $79.51.

Bass has an average return of 10.1% when recommending Activision Blizzard.

According to TipRanks.com, Bass is ranked #6104 out of 7784 analysts.

Activision Blizzard has an analyst consensus of Moderate Buy, with a price target consensus of $96.00, which is a 20.9% upside from current levels. In a report issued on March 1, Wedbush also maintained a Buy rating on the stock with a $95.00 price target.

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Activision Blizzard’s market cap is currently $61.96B and has a P/E ratio of 23.07.

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Activision Blizzard, Inc. is one of the world’s largest interactive entertainment companies, with it developing and publishing console, online and mobile games. The company operates through three business segments: Activision, Blizzard, and King. The Activision unit develops and publishes interactive software products and entertainment content for the console, and the Blizzard and King segments focus on PC and mobile platforms.

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