Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Given Average Recommendation of "Buy" by Brokerages

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) have been assigned an average recommendation of "Buy" from the twenty-two research firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $213.86.

TTWO has been the topic of a number of research reports. Raymond James reaffirmed an "outperform" rating and set a $220.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. UBS Group raised shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and upped their price objective for the company from $175.00 to $230.00 in a research report on Monday, January 27th. Moffett Nathanson increased their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a research note on Friday, February 7th. Morgan Stanley lowered their price target on Take-Two Interactive Software from $215.00 to $210.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Finally, DA Davidson started coverage on Take-Two Interactive Software in a research report on Tuesday, February 18th. They issued a "buy" rating and a $250.00 price objective for the company.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO opened at $230.71 on Wednesday. Take-Two Interactive Software has a 12 month low of $135.24 and a 12 month high of $231.23. The company has a market cap of $40.72 billion, a P/E ratio of -10.82, a P/E/G ratio of 6.83 and a beta of 1.01. The business's 50 day moving average is $209.81 and its two-hundred day moving average is $192.35. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54.

Hedge Funds Weigh In On Take-Two Interactive Software

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Park Square Financial Group LLC bought a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at about $28,000. North Capital Inc. bought a new stake in shares of Take-Two Interactive Software in the first quarter worth about $35,000. Assetmark Inc. increased its stake in Take-Two Interactive Software by 155.9% during the 4th quarter. Assetmark Inc. now owns 174 shares of the company's stock worth $32,000 after purchasing an additional 106 shares in the last quarter. Versant Capital Management Inc raised its holdings in Take-Two Interactive Software by 87.0% during the 4th 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. Finally, Global Financial Private Client LLC lifted its stake in Take-Two Interactive Software by 50.0% in the first quarter. Global Financial Private Client LLC now owns 237 shares of the company's stock valued at $49,000 after buying an additional 79 shares in the last quarter. Institutional investors own 95.46% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.