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

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) have received an average recommendation of "Buy" from the twenty-two brokerages that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation, twenty have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $228.10.

TTWO has been the subject of several research reports. Raymond James reaffirmed an "outperform" rating and set a $250.00 price target (up previously from $240.00) on shares of Take-Two Interactive Software in a report on Friday, May 16th. Wall Street Zen downgraded Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Wednesday, May 21st. Robert W. Baird increased their price objective on Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Morgan Stanley lifted their target price on Take-Two Interactive Software from $210.00 to $265.00 and gave the stock an "overweight" rating in a report on Monday, May 19th. Finally, Benchmark lifted their target price on Take-Two Interactive Software from $225.00 to $250.00 and gave the stock a "buy" rating in a report on Friday, May 16th.

Take-Two Interactive Software Stock Performance

Take-Two Interactive Software stock traded down $2.63 during mid-day trading on Friday, hitting $225.70. 187,306 shares of the company's stock traded hands, compared to its average volume of 1,732,544. The firm has a 50 day simple moving average of $218.36 and a two-hundred day simple moving average of $201.74. Take-Two Interactive Software has a fifty-two week low of $135.24 and a fifty-two week high of $240.78. The stock has a market cap of $40.04 billion, a price-to-earnings ratio of -10.58, a P/E/G ratio of 6.83 and a beta of 1.08. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Strs Ohio bought a new position in Take-Two Interactive Software in the first quarter valued at about $1,884,000. Geneos Wealth Management Inc. grew its holdings in shares of Take-Two Interactive Software by 118.7% during the first quarter. Geneos Wealth Management Inc. now owns 304 shares of the company's stock worth $63,000 after purchasing an additional 165 shares during the last quarter. IFM Investors Pty Ltd grew its holdings in shares of Take-Two Interactive Software by 0.6% during the first quarter. IFM Investors Pty Ltd now owns 30,600 shares of the company's stock worth $6,342,000 after purchasing an additional 171 shares during the last quarter. Intech Investment Management LLC grew its holdings in shares of Take-Two Interactive Software by 4.6% during the first quarter. Intech Investment Management LLC now owns 24,269 shares of the company's stock worth $5,030,000 after purchasing an additional 1,062 shares during the last quarter. Finally, SageView Advisory Group LLC bought a new stake in shares of Take-Two Interactive Software during the first quarter worth about $519,000. 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.