Brokerages Set Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Target Price at $228.10

Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) has earned an average rating of "Buy" from the twenty-two analysts that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $228.10.

Several research firms recently weighed in on TTWO. Ascendiant Capital Markets increased their target price on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the company a "buy" rating in a research note on Monday, March 3rd. Raymond James reissued an "outperform" rating and issued a $250.00 price target (up previously from $240.00) on shares of Take-Two Interactive Software in a report on Friday, May 16th. Morgan Stanley raised their price target on shares of Take-Two Interactive Software from $210.00 to $265.00 and gave the company an "overweight" rating in a report on Monday, May 19th. UBS Group raised their price objective on shares of Take-Two Interactive Software from $230.00 to $275.00 and gave the company a "buy" rating in a research note on Friday, May 16th. Finally, DA Davidson lifted their price target on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the stock a "buy" rating in a research report on Friday, May 16th.

Institutional Trading of Take-Two Interactive Software

Large investors have recently made changes to their positions in the business. Wealthfront Advisers LLC raised its position in Take-Two Interactive Software by 1,630,798.7% during the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock worth $26,223,853,000 after acquiring an additional 142,450,266 shares during the period. Vanguard Group Inc. lifted its position in shares of Take-Two Interactive Software by 2.6% during the first quarter. Vanguard Group Inc. now owns 19,865,489 shares of the company's stock worth $4,117,123,000 after purchasing an additional 506,026 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Take-Two Interactive Software by 1.7% during the first quarter. Massachusetts Financial Services Co. MA now owns 5,358,309 shares of the company's stock worth $1,110,510,000 after purchasing an additional 89,093 shares in the last quarter. Capital International Investors raised its holdings in Take-Two Interactive Software by 9.5% in the fourth quarter. Capital International Investors now owns 4,883,746 shares of the company's stock valued at $899,036,000 after acquiring an additional 424,893 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in Take-Two Interactive Software by 0.3% in the fourth quarter. Ameriprise Financial Inc. now owns 4,770,044 shares of the company's stock valued at $878,567,000 after acquiring an additional 13,555 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Down 1.3%

Take-Two Interactive Software stock traded down $2.94 during mid-day trading on Friday, hitting $225.39. 2,137,486 shares of the company's stock were exchanged, compared to its average volume of 1,738,387. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The stock has a market cap of $39.99 billion, a P/E ratio of -10.57, a P/E/G ratio of 6.83 and a beta of 1.08. Take-Two Interactive Software has a 1-year low of $135.24 and a 1-year high of $240.78. The stock has a 50 day moving average of $218.60 and a two-hundred day moving average of $202.06.

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.