BidaskClub upgraded shares of TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) from a hold rating to a buy rating in a research report released on Saturday morning, BidAskClub reports.

Other equities research analysts have also recently issued research reports about the company. BMO Capital Markets upped their price objective on TAKE-TWO INTERACTIVE SOFTWARE to $120.00 and gave the stock a market perform rating in a research note on Tuesday, November 12th. Morgan Stanley upped their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $140.00 to $145.00 and gave the stock an overweight rating in a research note on Tuesday, October 15th. UBS Group assumed coverage on TAKE-TWO INTERACTIVE SOFTWARE in a research note on Wednesday, November 13th. They set a buy rating and a $140.00 price objective on the stock. Piper Jaffray Companies restated a buy rating on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research note on Wednesday, September 18th. Finally, Barclays restated a buy rating and issued a $142.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research note on Tuesday, October 22nd. One analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have issued a buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of $132.79.

Shares of TAKE-TWO INTERACTIVE SOFTWARE stock opened at $126.93 on Friday. TAKE-TWO INTERACTIVE SOFTWARE has a 12-month low of $84.41 and a 12-month high of $135.70. The stock has a market cap of $14.37 billion, a P/E ratio of 32.71, a P/E/G ratio of 3.13 and a beta of 0.69. The company has a quick ratio of 1.46, a current ratio of 1.48 and a debt-to-equity ratio of 0.05. The business’s 50 day moving average is $123.37 and its 200-day moving average is $123.24.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last announced its quarterly earnings data on Thursday, November 7th. The company reported $2.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.78. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 26.81% and a net margin of 11.14%. The company had revenue of $950.50 million for the quarter, compared to analysts’ expectations of $926.91 million. During the same quarter in the prior year, the business posted $1.05 EPS. The business’s revenue was up 62.9% compared to the same quarter last year. On average, sell-side analysts expect that TAKE-TWO INTERACTIVE SOFTWARE will post 3.22 EPS for the current year.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 11,883,660 shares of the company’s stock valued at $1,349,152,000 after buying an additional 158,269 shares in the last quarter. State Street Corp grew its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 1.6% in the 3rd quarter. State Street Corp now owns 5,108,634 shares of the company’s stock valued at $640,316,000 after buying an additional 80,138 shares in the last quarter. Invesco Ltd. grew its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 11.2% in the 2nd quarter. Invesco Ltd. now owns 4,656,054 shares of the company’s stock valued at $528,602,000 after buying an additional 467,758 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 21.2% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,075,167 shares of the company’s stock valued at $385,441,000 after buying an additional 538,535 shares in the last quarter. Finally, Waddell & Reed Financial Inc. grew its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 0.3% in the 2nd quarter. Waddell & Reed Financial Inc. now owns 2,048,180 shares of the company’s stock valued at $232,530,000 after buying an additional 6,912 shares in the last quarter. 91.01% of the stock is currently owned by hedge funds and other institutional investors.

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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