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

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

A number of equities analysts have recently commented on the company. Citigroup raised their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. Wedbush reaffirmed an “outperform” rating and issued a $215.00 price target on shares of Take-Two Interactive Software in a report on Friday, February 7th. DA Davidson initiated coverage on Take-Two Interactive Software in a research note on Tuesday, February 18th. They set a “buy” rating and a $250.00 price objective for the company. The Goldman Sachs Group lifted their price objective on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Finally, Stifel Nicolaus lifted their price objective on Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $206.50 on Tuesday. Take-Two Interactive Software has a one year low of $135.24 and a one year high of $218.75. The business has a fifty day moving average price of $197.82 and a 200-day moving average price of $179.56. 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 firm has a market capitalization of $36.45 billion, a P/E ratio of -9.68, a PEG ratio of 6.83 and a beta of 0.82.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of TTWO. Itau Unibanco Holding S.A. purchased a new position in shares of Take-Two Interactive Software in the third quarter worth about $27,000. Park Square Financial Group LLC purchased a new position in shares of Take-Two Interactive Software in the fourth quarter worth about $28,000. Truvestments Capital LLC purchased a new position in shares of Take-Two Interactive Software in the third quarter worth about $31,000. Assetmark Inc. increased its holdings in shares of Take-Two Interactive Software by 155.9% in the fourth quarter. Assetmark Inc. now owns 174 shares of the company’s stock worth $32,000 after buying an additional 106 shares during the period. Finally, Versant Capital Management Inc increased its holdings in shares of Take-Two Interactive Software by 87.0% in the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock worth $34,000 after buying an additional 87 shares during the period. Hedge funds and other institutional investors own 95.46% of the company’s stock.

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.