Barclays Raises Temenos (OTCMKTS:TMSNY) Price Target to CHF 56

Temenos (OTCMKTS:TMSNYGet Rating) had its target price hoisted by Barclays from CHF 52 to CHF 56 in a research note published on Monday morning, The Fly reports. They currently have an equal weight rating on the stock.

Several other equities research analysts also recently weighed in on the company. Stifel Nicolaus downgraded Temenos from a buy rating to a hold rating in a report on Monday, October 24th. Deutsche Bank Aktiengesellschaft lowered their price objective on Temenos from CHF 80 to CHF 55 in a research report on Wednesday, October 26th. JPMorgan Chase & Co. lowered their price objective on Temenos from CHF 125 to CHF 110 and set an overweight rating for the company in a research report on Tuesday, July 26th. Credit Suisse Group lowered their price objective on Temenos from CHF 46.50 to CHF 43 in a research report on Monday, October 24th. Finally, Jefferies Financial Group decreased their target price on Temenos from CHF 74 to CHF 55 in a research report on Friday, October 14th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, Temenos has an average rating of Hold and a consensus target price of $67.55.

Temenos Stock Performance

Shares of OTCMKTS TMSNY opened at $61.14 on Monday. The stock’s 50-day moving average is $62.96 and its two-hundred day moving average is $77.44. Temenos has a 1-year low of $52.10 and a 1-year high of $168.58.

Temenos Company Profile

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Temenos AG develops, markets, and sells integrated banking software systems to banking and other financial institutions worldwide. The company provides Temenos Transact, a banking solution that offers banking software, and data and analytics; and Temenos Payments, a payment solution that gives banks real-time control, customer service experience, and cost efficiencies and risk management solutions.

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Analyst Recommendations for Temenos (OTCMKTS:TMSNY)

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