Take-Two Interactive Software Receives Consensus Rating of “Buy” from Analysts (NASDAQ:TTWO)
Shares of Take-Two Interactive Software (NASDAQ:TTWO) have earned an average recommendation of “Buy” from the seventeen analysts that are presently covering the stock, StockRatingsNetwork reports. Seven analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $22.75.
Several analysts have recently commented on the stock. Analysts at Benchmark Co. upgraded shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating in a research note on Thursday, June 26th. They now have a $25.31 price target on the stock, up previously from $22.30. Separately, analysts at Cowen and Company raised their price target on shares of Take-Two Interactive Software from $20.00 to $21.00 in a research note on Monday, May 19th. Finally, analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Take-Two Interactive Software in a research note on Thursday, May 15th. They now have a $24.00 price target on the stock, up previously from $23.00.
Shares of Take-Two Interactive Software (NASDAQ:TTWO) opened at 22.35 on Thursday. Take-Two Interactive Software has a 1-year low of $15.70 and a 1-year high of $22.91. The stock’s 50-day moving average is $20.80 and its 200-day moving average is $19.97. The company has a market cap of $1.738 billion and a price-to-earnings ratio of 6.99.
Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results on Tuesday, May 13th. The company reported $0.21 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.10 by $0.11. The company had revenue of $233.20 million for the quarter, compared to the consensus estimate of $201.51 million. During the same quarter in the prior year, the company posted $0.38 earnings per share. The company’s quarterly revenue was down 23.1% on a year-over-year basis. On average, analysts predict that Take-Two Interactive Software will post $1.01 earnings per share for the current fiscal year.
Take-Two Interactive Software, Inc is a developer, publisher and marketer of interactive entertainment for consumers worldwide.
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