Take-Two Interactive Software (NASDAQ:TTWO)‘s stock had its “buy” rating restated by stock analysts at KeyCorp in a report released on Tuesday.
A number of other research analysts also recently issued reports on the stock. Cowen downgraded shares of Take-Two Interactive Software from an “outperform” rating to a “market perform” rating and set a $83.00 price target on the stock. in a research report on Monday, October 9th. CIBC restated an “outperform” rating and issued a $135.00 price target (up from $112.00) on shares of Take-Two Interactive Software in a research report on Tuesday, November 21st. Benchmark restated a “buy” rating and issued a $110.00 price target (up from $100.00) on shares of Take-Two Interactive Software in a research report on Saturday, September 16th. Oppenheimer raised their price target on shares of Take-Two Interactive Software from $112.00 to $135.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 21st. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $105.00 price objective (up previously from $96.00) on shares of Take-Two Interactive Software in a report on Wednesday, September 6th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $114.23.
Take-Two Interactive Software (TTWO) opened at $109.28 on Tuesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.33 and a quick ratio of 1.31. Take-Two Interactive Software has a 52-week low of $48.58 and a 52-week high of $120.62. The stock has a market cap of $12,582.34, a PE ratio of 43.09, a PEG ratio of 3.20 and a beta of 0.81.
A number of institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in Take-Two Interactive Software by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 8,392,574 shares of the company’s stock valued at $615,847,000 after buying an additional 115,430 shares during the period. JPMorgan Chase & Co. increased its stake in Take-Two Interactive Software by 1.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,158,753 shares of the company’s stock valued at $305,169,000 after buying an additional 78,006 shares during the period. Jackson Square Partners LLC increased its stake in Take-Two Interactive Software by 137.9% during the 3rd quarter. Jackson Square Partners LLC now owns 3,495,068 shares of the company’s stock valued at $357,300,000 after buying an additional 2,026,010 shares during the period. Alkeon Capital Management LLC increased its stake in Take-Two Interactive Software by 10.1% during the 3rd quarter. Alkeon Capital Management LLC now owns 2,843,630 shares of the company’s stock valued at $290,705,000 after buying an additional 260,000 shares during the period. Finally, Renaissance Technologies LLC increased its stake in Take-Two Interactive Software by 1,045.2% during the 2nd quarter. Renaissance Technologies LLC now owns 1,951,950 shares of the company’s stock valued at $143,234,000 after buying an additional 1,781,500 shares during the period. 91.15% of the stock is currently owned by hedge funds and other institutional investors.
TRADEMARK VIOLATION WARNING: “Take-Two Interactive Software (TTWO) Rating Reiterated by KeyCorp” was published by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this report on another publication, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this report can be read at https://sportsperspectives.com/2017/12/20/take-two-interactive-software-ttwo-rating-reiterated-by-keycorp.html.
About Take-Two Interactive Software
Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.
Receive News & Ratings for Take-Two Interactive Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software and related companies with MarketBeat.com's FREE daily email newsletter.