In a report released today, Michael Pachter from Wedbush reiterated a Buy rating on Take-Two (TTWO), with a price target of $210.00. The company’s shares closed last Thursday at $168.68, close to its 52-week high of $180.61.
According to TipRanks.com, Pachter is a 4-star analyst with an average return of 3.1% and a 56.7% success rate. Pachter covers the Technology sector, focusing on stocks such as Alphabet Class A, Unity Software, and Corsair Gaming.
Currently, the analyst consensus on Take-Two is a Strong Buy with an average price target of $197.11, a 18.0% upside from current levels. In a report issued on October 23, KeyBanc also reiterated a Buy rating on the stock.
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Take-Two’s market cap is currently $19.29B and has a P/E ratio of 40.70. The company has a Price to Book ratio of 10.07.
Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TTWO in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Take-Two Interactive Software, Inc. engages in the development, publishing, and marketing of interactive software games. Its products are designed for console systems, handheld gaming systems, and personal computers including smart phones and tablets; and are delivered through physical retail, digital download, online platforms, and cloud streaming services. It operates through the following geographical segments: United States, Europe, Asia Pacific, and Canada and Latin America. The company was founded by Ryan A. Brant in 1993 and is headquartered in New York, NY.
