Take-Two Interactive Software (NASDAQ:TTWO) Stock Price Expected to Rise, Ascendiant Capital Markets Analyst Says

Take-Two Interactive Software (NASDAQ:TTWO) had its price objective boosted by Ascendiant Capital Markets from $172.00 to $270.00 in a report released on Monday, Marketbeat reports. The brokerage presently has a “buy” rating on the stock. Ascendiant Capital Markets’ price target would indicate a potential upside of 29.47% from the company’s current price.

A number of other brokerages have also recently issued reports on TTWO. Benchmark reaffirmed a “buy” rating and set a $225.00 target price (up previously from $210.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Oppenheimer upped their target price on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 21st. The Goldman Sachs Group upped their target price on Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Stifel Nicolaus upped their target price on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research report on Tuesday, January 21st. Finally, Morgan Stanley upped their target price on Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.

Take-Two Interactive Software Trading Up 0.2 %

Shares of NASDAQ TTWO opened at $208.55 on Monday. The stock has a market cap of $36.81 billion, a price-to-earnings ratio of -9.78, a PEG ratio of 6.83 and a beta of 0.89. The business has a 50 day simple moving average of $194.22 and a 200 day simple moving average of $176.54. Take-Two Interactive Software has a 52 week low of $135.24 and a 52 week high of $218.75. 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

A number of large investors have recently modified their holdings of the company. Siemens Fonds Invest GmbH raised its stake in shares of Take-Two Interactive Software by 92.4% in the fourth quarter. Siemens Fonds Invest GmbH now owns 3,348 shares of the company’s stock valued at $616,000 after purchasing an additional 1,608 shares in the last quarter. Park Square Financial Group LLC acquired a new position in shares of Take-Two Interactive Software in the fourth quarter valued at $28,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Take-Two Interactive Software during the fourth quarter worth $23,691,000. Capital A Wealth Management LLC acquired a new position in Take-Two Interactive Software during the fourth quarter worth $332,000. Finally, Polar Asset Management Partners Inc. raised its stake in Take-Two Interactive Software by 150.2% during the fourth quarter. Polar Asset Management Partners Inc. now owns 81,300 shares of the company’s stock worth $14,966,000 after acquiring an additional 48,800 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

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.