Take-Two Interactive Software (NASDAQ:TTWO) Price Target Raised to $270.00 at Ascendiant Capital Markets

Take-Two Interactive Software (NASDAQ:TTWO) had its price objective upped by Ascendiant Capital Markets from $172.00 to $270.00 in a report released on Monday, MarketBeat reports. Ascendiant Capital Markets currently has a buy rating on the stock.

Several other research firms also recently commented on TTWO. Wedbush restated an “outperform” rating and set a $215.00 price objective on shares of Take-Two Interactive Software in a report on Friday, February 7th. TD Cowen boosted their price objective on Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a report on Friday, November 22nd. UBS Group upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $175.00 to $230.00 in a report on Monday, January 27th. Raymond James restated an “outperform” rating and set a $220.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Finally, Benchmark restated 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. One analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $213.38.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $208.05 on Monday. The stock’s 50 day moving average is $193.75 and its 200 day moving average is $176.13. 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 $36.72 billion, a P/E ratio of -9.75, a P/E/G ratio of 6.83 and a beta of 0.89. Take-Two Interactive Software has a one year low of $135.24 and a one year high of $218.75.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in TTWO. Itau Unibanco Holding S.A. purchased a new position in shares of Take-Two Interactive Software during the 3rd quarter valued at $27,000. Park Square Financial Group LLC purchased a new position in shares of Take-Two Interactive Software during the 4th quarter valued at $28,000. Truvestments Capital LLC purchased a new position in shares of Take-Two Interactive Software during the 3rd quarter valued at $31,000. Assetmark Inc. lifted its position in shares of Take-Two Interactive Software by 155.9% during the 4th quarter. Assetmark Inc. now owns 174 shares of the company’s stock valued at $32,000 after buying an additional 106 shares during the last quarter. Finally, Versant Capital Management Inc lifted its position in shares of Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock valued at $34,000 after buying an additional 87 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.