Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Receives $213.38 Average Target Price from Analysts

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has earned an average rating of “Buy” from the twenty-two brokerages that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, twenty have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $213.38.

A number of research firms have weighed in on TTWO. Citigroup increased their price target on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. StockNews.com downgraded shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. The Goldman Sachs Group increased their price target on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Oppenheimer raised their target price on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research note on Tuesday, January 21st. Finally, TD Cowen raised their target price on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a research note on Friday, November 22nd.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. boosted its holdings in shares of Take-Two Interactive Software by 5.9% in the 3rd quarter. Principal Financial Group Inc. now owns 189,496 shares of the company’s stock valued at $29,127,000 after buying an additional 10,491 shares during the period. Ashton Thomas Securities LLC acquired a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at about $74,000. Versor Investments LP acquired a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at about $605,000. WCM Investment Management LLC boosted its holdings in shares of Take-Two Interactive Software by 28.6% in the 3rd quarter. WCM Investment Management LLC now owns 12,895 shares of the company’s stock valued at $1,974,000 after buying an additional 2,867 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of Take-Two Interactive Software by 2.8% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company’s stock valued at $61,928,000 after buying an additional 10,837 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $204.57 on Tuesday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The company has a market cap of $36.11 billion, a P/E ratio of -9.59, a P/E/G ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software has a fifty-two week low of $135.24 and a fifty-two week high of $218.75. The firm’s 50 day moving average is $197.47 and its two-hundred day moving average is $179.10.

About Take-Two Interactive Software

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.