TD Cowen Raises Take-Two Interactive Software (NASDAQ:TTWO) Price Target to $211.00

Take-Two Interactive Software (NASDAQ:TTWO) had its price target increased by equities researchers at TD Cowen from $176.00 to $211.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. TD Cowen’s price objective would indicate a potential upside of 12.52% from the company’s previous close.

Other research analysts also recently issued research reports about the company. UBS Group raised their price target on Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Benchmark upped their price target on shares of Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, August 21st. HSBC raised shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price objective on the stock in a research report on Monday, August 12th. Stifel Nicolaus increased their target price on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a “buy” rating in a research note on Thursday, September 5th. Finally, Oppenheimer raised their price target on Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Two analysts have rated the stock with a hold rating, eighteen have given 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 $191.75.

Take-Two Interactive Software Stock Up 0.5 %

Shares of NASDAQ:TTWO traded up $0.95 during trading on Friday, hitting $187.53. 312,245 shares of the company were exchanged, compared to its average volume of 1,600,423. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The firm’s 50 day moving average price is $161.46 and its 200-day moving average price is $156.14. The stock has a market capitalization of $32.94 billion, a P/E ratio of -8.86, a PEG ratio of 5.61 and a beta of 0.85. Take-Two Interactive Software has a 12-month low of $135.24 and a 12-month high of $187.76.

Insider Activity

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the sale, the director now owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.45% of the company’s stock.

Hedge Funds Weigh In On Take-Two Interactive Software

A number of institutional investors have recently made changes to their positions in TTWO. Itau Unibanco Holding S.A. purchased a new stake in Take-Two Interactive Software during the 3rd quarter worth about $27,000. Crewe Advisors LLC boosted its position in Take-Two Interactive Software by 297.9% during the second quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock worth $30,000 after acquiring an additional 143 shares during the last quarter. UMB Bank n.a. grew its position in shares of Take-Two Interactive Software by 155.1% in the second quarter. UMB Bank n.a. now owns 199 shares of the company’s stock valued at $31,000 after purchasing an additional 121 shares during the period. Truvestments Capital LLC purchased a new position in shares of Take-Two Interactive Software during the 3rd quarter worth about $31,000. Finally, HHM Wealth Advisors LLC acquired a new position in shares of Take-Two Interactive Software in the 2nd quarter valued at $37,000. 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.