Take-Two Interactive Software’s (TTWO) “Outperform” Rating Reaffirmed at BMO Capital Markets

BMO Capital Markets restated their outperform rating on shares of Take-Two Interactive Software (NASDAQ:TTWO) in a research report sent to investors on Monday,Benzinga reports. They currently have a $236.00 price target on the stock, down from their previous price target of $240.00.

TTWO has been the topic of several other research reports. Morgan Stanley dropped their price target on Take-Two Interactive Software from $215.00 to $210.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. UBS Group upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their target price for the company from $175.00 to $230.00 in a research note on Monday, January 27th. StockNews.com downgraded Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research report on Monday, February 10th. Oppenheimer lifted their price objective on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a report on Tuesday, January 21st. Finally, Wedbush restated an “outperform” rating and set a $215.00 target price on shares of Take-Two Interactive Software in a report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $213.67.

Take-Two Interactive Software Stock Up 2.7 %

Shares of Take-Two Interactive Software stock opened at $225.32 on Monday. The business has a fifty day simple moving average of $211.27 and a 200 day simple moving average of $194.65. The stock has a market cap of $39.77 billion, a PE ratio of -10.56, a price-to-earnings-growth ratio of 6.83 and a beta of 1.01. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software has a 12 month low of $135.24 and a 12 month high of $238.00.

Institutional Investors Weigh In On Take-Two Interactive Software

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Park Square Financial Group LLC purchased a new stake in shares of Take-Two Interactive Software during the fourth quarter valued at approximately $28,000. North Capital Inc. purchased a new stake in shares of Take-Two Interactive Software during the 1st quarter valued at $35,000. Assetmark Inc. raised its stake 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 worth $32,000 after purchasing an additional 106 shares during the period. Graybill Wealth Management LTD. bought a new stake in shares of Take-Two Interactive Software during the 1st quarter worth $37,000. Finally, Cullen Frost Bankers Inc. boosted its holdings in shares of Take-Two Interactive Software by 46.0% in the 1st quarter. Cullen Frost Bankers Inc. now owns 181 shares of the company’s stock worth $38,000 after buying an additional 57 shares during the last quarter. Hedge funds and other 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.