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

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has earned a consensus rating of “Buy” from the twenty-two brokerages that are presently covering the company, 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 12 month price objective among analysts that have issued ratings on the stock in the last year is $213.38.

Several research analysts have recently commented on TTWO shares. DA Davidson started coverage on shares of Take-Two Interactive Software in a research note on Tuesday, February 18th. They issued a “buy” rating and a $250.00 price objective for the company. The Goldman Sachs Group raised their price objective on shares of 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. UBS Group raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and raised their price objective for the company from $175.00 to $230.00 in a research note on Monday, January 27th. Citigroup raised their price objective on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Finally, Raymond James reissued an “outperform” rating and issued a $220.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th.

Take-Two Interactive Software Trading Down 1.2 %

Shares of TTWO stock opened at $201.93 on Tuesday. 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 cap of $35.64 billion, a PE ratio of -9.47, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The company has a 50-day moving average of $195.92 and a two-hundred day moving average of $177.99. Take-Two Interactive Software has a 1-year low of $135.24 and a 1-year high of $218.75.

Institutional Trading of Take-Two Interactive Software

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Siemens Fonds Invest GmbH raised its holdings in Take-Two Interactive Software by 92.4% during the fourth quarter. Siemens Fonds Invest GmbH now owns 3,348 shares of the company’s stock worth $616,000 after purchasing an additional 1,608 shares in the last quarter. Park Square Financial Group LLC acquired a new stake in Take-Two Interactive Software during the fourth quarter worth approximately $28,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Take-Two Interactive Software during the fourth quarter worth approximately $23,691,000. Capital A Wealth Management LLC acquired a new position in shares of Take-Two Interactive Software in the 4th quarter valued at $332,000. Finally, Polar Asset Management Partners Inc. increased its holdings in shares of Take-Two Interactive Software by 150.2% in the 4th quarter. Polar Asset Management Partners Inc. now owns 81,300 shares of the company’s stock valued at $14,966,000 after acquiring an additional 48,800 shares during the period. Institutional investors and hedge funds 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.