UBS Group Raises Take-Two Interactive Software (NASDAQ:TTWO) Price Target to $275.00

Take-Two Interactive Software (NASDAQ:TTWO) had its target price hoisted by equities research analysts at UBS Group from $230.00 to $275.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price objective would suggest a potential upside of 21.28% from the company’s current price.

TTWO has been the subject of a number of other research reports. Benchmark boosted their price objective on Take-Two Interactive Software from $225.00 to $250.00 and gave the company a “buy” rating in a report on Friday. DA Davidson boosted their target price on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the company a “buy” rating in a research note on Friday. Moffett Nathanson raised their price target on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday, February 7th. Robert W. Baird boosted their price objective 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. Finally, JPMorgan Chase & Co. upped their target price on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the stock an “overweight” rating in a research note on Friday. Two equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Take-Two Interactive Software has an average rating of “Moderate Buy” and an average price target of $225.48.

Take-Two Interactive Software Stock Down 2.4%

Shares of NASDAQ TTWO opened at $226.74 on Friday. Take-Two Interactive Software has a 1 year low of $135.24 and a 1 year high of $240.78. The firm has a 50-day simple moving average of $214.89 and a two-hundred day simple moving average of $198.61. The company 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 has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83.

Institutional Trading of Take-Two Interactive Software

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Park Square Financial Group LLC bought a new stake in Take-Two Interactive Software during the fourth quarter valued at about $28,000. 1 North Wealth Services LLC bought a new stake in shares of Take-Two Interactive Software in the 1st quarter valued at about $29,000. Assetmark Inc. grew its position in shares of Take-Two Interactive Software by 155.9% in the 4th quarter. Assetmark Inc. now owns 174 shares of the company’s stock worth $32,000 after buying an additional 106 shares during the last quarter. North Capital Inc. purchased a new stake in Take-Two Interactive Software during the first quarter valued at approximately $35,000. Finally, Graybill Wealth Management LTD. acquired a new stake in Take-Two Interactive Software in the first quarter valued at approximately $37,000. 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.