TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) has earned an average recommendation of “Buy” from the twenty research firms that are currently covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $145.00.

Several research analysts have recently weighed in on TTWO shares. BidaskClub raised TAKE-TWO INTERACTIVE SOFTWARE from a “hold” rating to a “buy” rating in a research note on Friday, September 14th. Wedbush set a $150.00 target price on TAKE-TWO INTERACTIVE SOFTWARE and gave the stock a “buy” rating in a research note on Tuesday, October 30th. Jefferies Financial Group upped their target price on TAKE-TWO INTERACTIVE SOFTWARE from $150.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, November 8th. Bank of America upped their target price on TAKE-TWO INTERACTIVE SOFTWARE from $151.00 to $156.00 and gave the stock a “buy” rating in a research note on Thursday, November 8th. Finally, Barclays set a $144.00 target price on TAKE-TWO INTERACTIVE SOFTWARE and gave the stock a “buy” rating in a research note on Thursday, November 8th.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Scout Investments Inc. raised its stake in TAKE-TWO INTERACTIVE SOFTWARE by 27.6% in the 4th quarter. Scout Investments Inc. now owns 277,942 shares of the company’s stock valued at $28,611,000 after purchasing an additional 60,062 shares during the last quarter. New England Research & Management Inc. acquired a new position in TAKE-TWO INTERACTIVE SOFTWARE in the 4th quarter valued at $422,000. State of Alaska Department of Revenue raised its stake in TAKE-TWO INTERACTIVE SOFTWARE by 5.6% in the 4th quarter. State of Alaska Department of Revenue now owns 19,815 shares of the company’s stock valued at $2,038,000 after purchasing an additional 1,056 shares during the last quarter. USS Investment Management Ltd raised its stake in TAKE-TWO INTERACTIVE SOFTWARE by 7.2% in the 4th quarter. USS Investment Management Ltd now owns 1,367,125 shares of the company’s stock valued at $140,821,000 after purchasing an additional 91,305 shares during the last quarter. Finally, Moody National Bank Trust Division acquired a new position in TAKE-TWO INTERACTIVE SOFTWARE in the 4th quarter valued at $3,708,000. 90.34% of the stock is owned by hedge funds and other institutional investors.

Shares of TTWO stock traded down $0.97 during trading hours on Friday, hitting $109.03. 1,840,288 shares of the company’s stock were exchanged, compared to its average volume of 2,250,786. The company has a market cap of $12.24 billion, a price-to-earnings ratio of 62.30, a PEG ratio of 1.87 and a beta of 1.09. TAKE-TWO INTERACTIVE SOFTWARE has a fifty-two week low of $92.81 and a fifty-two week high of $139.91.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last announced its earnings results on Wednesday, November 7th. The company reported $0.84 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.68 by $0.16. The business had revenue of $583.42 million during the quarter, compared to the consensus estimate of $549.87 million. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 18.08% and a net margin of 11.76%. The business’s quarterly revenue was up 1.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.09 EPS. On average, research analysts forecast that TAKE-TWO INTERACTIVE SOFTWARE will post 3.37 EPS for the current year.

About TAKE-TWO INTERACTIVE SOFTWARE

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels, as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.

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Analyst Recommendations for TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO)

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