Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Receives Consensus Rating of "Buy" from Brokerages

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) have been given an average recommendation of "Buy" by the twenty-two ratings firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, twenty have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $213.38.

TTWO has been the subject of a number of research reports. Wedbush reiterated an "outperform" rating and set a $215.00 target price on shares of Take-Two Interactive Software in a research report on Friday, February 7th. JPMorgan Chase & Co. increased their target price on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an "overweight" rating in a research report on Wednesday, December 18th. BMO Capital Markets reiterated an "outperform" rating and set a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. Benchmark reissued a "buy" rating and set a $225.00 price objective (up previously from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Finally, 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 report on Friday, February 7th.

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Take-Two Interactive Software Trading Up 0.9 %

Shares of TTWO stock traded up $1.87 during trading hours on Tuesday, hitting $203.80. 1,543,457 shares of the company were exchanged, compared to its average volume of 1,791,949. The company has a 50 day simple moving average of $196.32 and a two-hundred day simple moving average of $178.30. The firm has a market cap of $35.97 billion, a P/E ratio of -9.55, a P/E/G ratio of 6.83 and a beta of 0.82. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. Take-Two Interactive Software has a fifty-two week low of $135.24 and a fifty-two week high of $218.75.

Institutional Investors Weigh In On Take-Two Interactive Software

A number of hedge funds have recently bought and sold shares of TTWO. Siemens Fonds Invest GmbH increased its position 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 valued at $616,000 after acquiring an additional 1,608 shares during the last quarter. Park Square Financial Group LLC bought a new position in Take-Two Interactive Software during the fourth quarter valued at $28,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Take-Two Interactive Software in the fourth quarter worth about $23,691,000. Capital A Wealth Management LLC bought a new position in shares of Take-Two Interactive Software in the fourth quarter worth about $332,000. Finally, Polar Asset Management Partners Inc. grew its holdings in shares of Take-Two Interactive Software by 150.2% in the fourth quarter. Polar Asset Management Partners Inc. now owns 81,300 shares of the company's stock worth $14,966,000 after purchasing an additional 48,800 shares during the last quarter. Hedge funds and other 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.