Take Two Interactive Software Inc (NASDAQ:TTWO) has been assigned a consensus recommendation of “Buy” from the eighteen analysts that are presently covering the company. Five investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $58.87.

A number of analysts have recently weighed in on the stock. Credit Suisse Group AG upped their target price on shares of Take Two Interactive Software from $51.00 to $53.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 31st. Zacks Investment Research raised shares of Take Two Interactive Software from a “hold” rating to a “strong-buy” rating and set a $68.00 target price on the stock in a research report on Thursday, April 6th. Stifel Nicolaus upped their target price on shares of Take Two Interactive Software from $52.00 to $59.00 and gave the stock a “buy” rating in a research report on Wednesday, January 11th. Cowen and Company reaffirmed an “outperform” rating and issued a $58.00 target price on shares of Take Two Interactive Software in a research report on Sunday, February 5th. Finally, TheStreet downgraded shares of Take Two Interactive Software from a “b+” rating to a “c+” rating in a research report on Thursday, February 9th.

Shares of Take Two Interactive Software (NASDAQ:TTWO) traded up 0.42% during mid-day trading on Friday, hitting $62.29. 1,899,990 shares of the company were exchanged. The company’s 50-day moving average price is $58.62 and its 200-day moving average price is $52.19. Take Two Interactive Software has a 12-month low of $33.06 and a 12-month high of $62.67. The firm has a market capitalization of $5.63 billion, a P/E ratio of 372.99 and a beta of 0.86.



Take Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings data on Tuesday, February 7th. The company reported $0.99 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.96 by $0.03. The business had revenue of $476.50 million for the quarter, compared to the consensus estimate of $689.64 million. Take Two Interactive Software had a net margin of 0.91% and a return on equity of 21.74%. The company’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.89 EPS. Equities research analysts predict that Take Two Interactive Software will post $1.98 earnings per share for the current fiscal year.

In related news, President Karl Slatoff sold 387,237 shares of the stock in a transaction that occurred on Tuesday, April 4th. The shares were sold at an average price of $57.98, for a total value of $22,452,001.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael Sheresky sold 485 shares of the stock in a transaction that occurred on Monday, February 13th. The shares were sold at an average price of $57.82, for a total transaction of $28,042.70. Following the sale, the director now directly owns 67,394 shares of the company’s stock, valued at $3,896,721.08. The disclosure for this sale can be found here. Corporate insiders own 2.50% of the company’s stock.

A number of large investors have recently made changes to their positions in TTWO. Navellier & Associates Inc raised its stake in shares of Take Two Interactive Software by 6.3% in the third quarter. Navellier & Associates Inc now owns 7,166 shares of the company’s stock worth $323,000 after buying an additional 426 shares during the period. Louisiana State Employees Retirement System raised its stake in shares of Take Two Interactive Software by 1.1% in the third quarter. Louisiana State Employees Retirement System now owns 38,000 shares of the company’s stock worth $1,713,000 after buying an additional 400 shares during the period. Great West Life Assurance Co. Can raised its stake in shares of Take Two Interactive Software by 4.2% in the third quarter. Great West Life Assurance Co. Can now owns 116,131 shares of the company’s stock worth $5,232,000 after buying an additional 4,694 shares during the period. Texas Permanent School Fund raised its position in Take Two Interactive Software by 1.0% in the third quarter. Texas Permanent School Fund now owns 65,526 shares of the company’s stock worth $2,954,000 after buying an additional 660 shares during the period. Finally, Emerald Advisers Inc. PA acquired a new position in Take Two Interactive Software during the third quarter worth $19,440,000.

ILLEGAL ACTIVITY NOTICE: This piece was first reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece on another publication, it was stolen and reposted in violation of U.S. and international copyright legislation. The correct version of this piece can be viewed at https://www.thecerbatgem.com/2017/04/21/brokerages-set-take-two-interactive-software-inc-ttwo-pt-at-57-65-updated.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.

5 Day Chart for NASDAQ:TTWO

Receive News & Stock Ratings for Take Two Interactive Software Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take Two Interactive Software Inc and related stocks with our FREE daily email newsletter.