Brokerages Set Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Price Target at $213.38

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has been assigned a consensus rating of “Buy” from the twenty-two analysts that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, twenty have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $213.38.

A number of analysts have weighed in on TTWO shares. StockNews.com cut shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a report on Monday, February 10th. Ascendiant Capital Markets lifted their price target on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a “buy” rating in a research note on Monday, March 3rd. DA Davidson initiated coverage on shares of Take-Two Interactive Software in a research note on Tuesday, February 18th. They issued a “buy” rating and a $250.00 price objective for the company. UBS Group upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $175.00 to $230.00 in a research report on Monday, January 27th. Finally, Raymond James reissued an “outperform” rating and issued a $220.00 target price (up from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $197.53 on Friday. The stock’s 50-day simple moving average is $205.49 and its 200-day simple moving average is $185.23. The firm has a market capitalization of $34.86 billion, a PE ratio of -9.26, a price-to-earnings-growth ratio of 6.83 and a beta of 1.01. Take-Two Interactive Software has a fifty-two week low of $135.24 and a fifty-two week high of $220.93. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Davis R M Inc. increased its position in Take-Two Interactive Software by 4.9% during the 4th quarter. Davis R M Inc. now owns 229,426 shares of the company’s stock worth $42,233,000 after purchasing an additional 10,701 shares during the period. Fiduciary Alliance LLC acquired a new position in Take-Two Interactive Software during the fourth quarter worth $734,000. Legacy Trust raised its position in Take-Two Interactive Software by 8.9% in the fourth quarter. Legacy Trust now owns 25,772 shares of the company’s stock worth $4,744,000 after acquiring an additional 2,115 shares in the last quarter. Summit Place Financial Advisors LLC purchased a new position in Take-Two Interactive Software in the fourth quarter worth $748,000. Finally, Fisher Asset Management LLC purchased a new stake in shares of Take-Two Interactive Software during the 4th quarter worth $259,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.