Take-Two Interactive Software (NASDAQ:TTWO) Price Target Raised to $275.00

Take-Two Interactive Software (NASDAQ:TTWO) had its price objective upped by UBS Group from $230.00 to $275.00 in a research report report published on Friday,Benzinga reports. They currently have a buy rating on the stock.

Other analysts have also recently issued research reports about the stock. Raymond James reissued an “outperform” rating and issued a $250.00 target price (up previously from $240.00) on shares of Take-Two Interactive Software in a research note on Friday. Wedbush restated an “outperform” rating and issued a $269.00 price target (up from $253.00) on shares of Take-Two Interactive Software in a research report on Friday. Robert W. Baird boosted their price target on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the company an “outperform” rating in a research report on Friday. DA Davidson boosted their price target on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the company a “buy” rating in a research report on Friday. Finally, Oppenheimer boosted their price target on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday, January 21st. Two analysts have rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $225.48.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $226.74 on Friday. The stock has a market cap of $40.02 billion, a P/E ratio of -10.63, a PEG ratio of 6.83 and a beta of 1.08. The company’s 50-day simple moving average is $214.89 and its 200 day simple moving average is $198.86. Take-Two Interactive Software has a twelve month low of $135.24 and a twelve month high of $240.78. 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

Large investors have recently modified their holdings of the stock. Park Avenue Securities LLC lifted its holdings in Take-Two Interactive Software by 16.3% in the fourth quarter. Park Avenue Securities LLC now owns 3,703 shares of the company’s stock valued at $682,000 after buying an additional 518 shares during the period. Eagle Rock Investment Company LLC lifted its holdings in Take-Two Interactive Software by 78.3% in the fourth quarter. Eagle Rock Investment Company LLC now owns 21,559 shares of the company’s stock valued at $3,969,000 after buying an additional 9,465 shares during the period. Empirical Asset Management LLC acquired a new position in Take-Two Interactive Software in the fourth quarter valued at approximately $6,421,000. Everpar Advisors LLC acquired a new position in Take-Two Interactive Software in the fourth quarter valued at approximately $223,000. Finally, Avanza Fonder AB acquired a new position in Take-Two Interactive Software in the fourth quarter valued at approximately $2,448,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

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.