BMO Capital Markets Reiterates "Outperform" Rating for Take-Two Interactive Software (NASDAQ:TTWO)

BMO Capital Markets reissued their outperform rating on shares of Take-Two Interactive Software (NASDAQ:TTWO - Free Report) in a research report report published on Monday morning,Benzinga reports. The brokerage currently has a $236.00 target price on the stock, down from their prior target price of $240.00.

Several other analysts have also recently commented on the stock. StockNews.com cut shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Monday, February 10th. Stifel Nicolaus lifted their price target on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a "buy" rating in a research report on Tuesday, January 21st. UBS Group upgraded Take-Two Interactive Software from a "neutral" rating to a "buy" rating and upped their price target for the stock from $175.00 to $230.00 in a report on Monday, January 27th. DA Davidson began coverage on Take-Two Interactive Software in a report on Tuesday, February 18th. They set a "buy" rating and a $250.00 price objective for the company. Finally, Moffett Nathanson upped their target price on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $213.67.

Take-Two Interactive Software Stock Performance

Shares of TTWO traded up $0.80 during mid-day trading on Monday, reaching $226.25. 1,523,718 shares of the company's stock were exchanged, compared to its average volume of 1,707,643. Take-Two Interactive Software has a 52-week low of $135.24 and a 52-week high of $238.00. 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 has a market capitalization of $39.93 billion, a PE ratio of -10.61, a price-to-earnings-growth ratio of 6.83 and a beta of 1.08. The business's fifty day simple moving average is $212.73 and its 200-day simple moving average is $196.06.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of TTWO. Deutsche Bank AG raised its holdings in shares of Take-Two Interactive Software by 12.4% in the 1st quarter. Deutsche Bank AG now owns 1,132,937 shares of the company's stock worth $234,801,000 after purchasing an additional 124,890 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Take-Two Interactive Software by 4.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,107,081 shares of the company's stock valued at $229,443,000 after buying an additional 51,019 shares in the last quarter. ASR Vermogensbeheer N.V. acquired a new stake in shares of Take-Two Interactive Software during the 1st quarter valued at $2,146,000. Provident Investment Management Inc. grew its holdings in shares of Take-Two Interactive Software by 1.0% in the 1st quarter. Provident Investment Management Inc. now owns 175,110 shares of the company's stock worth $36,292,000 after acquiring an additional 1,777 shares during the last quarter. Finally, Primecap Management Co. CA raised its position in shares of Take-Two Interactive Software by 262.0% during the first quarter. Primecap Management Co. CA now owns 63,859 shares of the company's stock worth $13,235,000 after purchasing an additional 46,220 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

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.