Analyst Price Target Update on Take-Two Interactive Software (NASDAQ:TTWO)

Take-Two Interactive Software (NASDAQ:TTWO): The mean short term price target for Take-Two Interactive Software (NASDAQ:TTWO) has been established at $41.09 per share. The higher price target estimate is at $46 and the lower price target estimate is expected at $32 according to 11 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $3.94

Many analysts have stated their opinion on the company shares. Jefferies maintains its rating on Take-Two Interactive Software (NASDAQ:TTWO). The global brokerage major lowers the current price target from $48 per share to $45 per share. Analysts at the Jefferies have a current rating of Buy on the shares. The rating by the firm was issued on May 19, 2016. For the current week, the company shares have a recommendation consensus of Buy.

On the companys insider trading activities, Dornemann Michael, director of Take Two Interactive Software Inc, unloaded 11,500 shares at an average price of $39.66 on June 9, 2016. The total amount of the transaction was worth $456,090, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Take-Two Interactive Software (NASDAQ:TTWO) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.81 points or 2.07% at $38.23 with 1,366,384 shares getting traded. Post opening the session at $38.67, the shares hit an intraday low of $38.22 and an intraday high of $39.38 and the price was in this range throughout the day. The company has a market cap of $3,243 million and the number of outstanding shares have been calculated to be 84,834,119 shares. The 52-week high of Take-Two Interactive Software (NASDAQ:TTWO) is $40.165 and the 52-week low is $25.01.

Take-Two Interactive Software, Inc. is a developer, publisher and marketer of interactive entertainment. The Company develops and publishes products through its two wholly owned labels Rockstar Games and 2K. The Company 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. The Companys products are designed for console gaming systems, such as Sonys PlayStation 3 and PlayStation 4, Microsofts Xbox 360 and Xbox One, and personal computers, including Smartphones and tablets. Rockstar Games is the developer and publisher of Grand Theft Auto, as well as other franchises, including L.A. Noire, Max Payne, Midnight Club and Red Dead. The Companys 2K publishes owned and licensed titles across a range of genres, including shooter, action, role-playing, strategy, sports and family/casual.

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