Take-Two Interactive Software (NASDAQ:TTWO) Stock Price Expected to Rise, Ascendiant Capital Markets Analyst Says

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

A number of other equities analysts have also commented on TTWO. StockNews.com lowered Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. Oppenheimer raised their price objective on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 21st. UBS Group upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. 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 research note on Friday, February 7th. Finally, Moffett Nathanson raised their price objective on 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. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $214.81 on Monday. The stock has a market cap of $37.91 billion, a P/E ratio of -10.07, a PEG ratio of 6.83 and a beta of 0.89. The stock has a 50 day simple moving average of $194.22 and a 200 day simple moving average of $176.54. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software has a 1-year low of $135.24 and a 1-year high of $218.75.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of TTWO. US Bancorp DE lifted its holdings in Take-Two Interactive Software by 4.4% during the 3rd quarter. US Bancorp DE now owns 33,389 shares of the company’s stock worth $5,132,000 after buying an additional 1,394 shares during the period. Stephens Inc. AR lifted its holdings in Take-Two Interactive Software by 5.0% during the 3rd quarter. Stephens Inc. AR now owns 4,937 shares of the company’s stock worth $759,000 after buying an additional 236 shares during the period. Asset Management One Co. Ltd. lifted its holdings in Take-Two Interactive Software by 10.9% during the 3rd quarter. Asset Management One Co. Ltd. now owns 65,941 shares of the company’s stock worth $10,136,000 after buying an additional 6,476 shares during the period. QRG Capital Management Inc. lifted its holdings in Take-Two Interactive Software by 6.0% during the 3rd quarter. QRG Capital Management Inc. now owns 18,177 shares of the company’s stock worth $2,794,000 after buying an additional 1,032 shares during the period. Finally, Catalyst Capital Advisors LLC lifted its holdings in Take-Two Interactive Software by 69.3% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock worth $43,000 after buying an additional 115 shares during the period. 95.46% of the stock is 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.