Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Receives Average Recommendation of “Buy” from Brokerages

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has been given a consensus recommendation of “Buy” by the twenty-two ratings firms that are covering the company, Marketbeat reports. One investment 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 target among brokers that have issued a report on the stock in the last year is $213.38.

A number of research analysts recently issued reports on the company. Oppenheimer boosted their price target on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a report on Tuesday, January 21st. JPMorgan Chase & Co. boosted their price target on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. Citigroup boosted their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Wedbush reiterated an “outperform” rating and set a $215.00 target price on shares of Take-Two Interactive Software in a report on Friday, February 7th. Finally, StockNews.com downgraded Take-Two Interactive Software from a “hold” rating to a “sell” rating in a report on Monday, February 10th.

Institutional Trading of Take-Two Interactive Software

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

Take-Two Interactive Software Stock Up 0.9 %

Shares of NASDAQ:TTWO opened at $206.50 on Tuesday. Take-Two Interactive Software has a 1 year low of $135.24 and a 1 year high of $218.75. The company has a market cap of $36.45 billion, a PE ratio of -9.68, a P/E/G ratio of 6.83 and a beta of 0.82. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The stock’s 50-day moving average is $197.82 and its 200 day moving average is $179.56.

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.