Temenos AG (OTCMKTS:TMSNY) Given Average Recommendation of “Hold” by Brokerages

Shares of Temenos AG (OTCMKTS:TMSNYGet Rating) have been assigned a consensus rating of “Hold” from the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $100.70.

A number of research firms have recently weighed in on TMSNY. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Temenos from CHF 110 to CHF 100 in a research report on Monday, April 11th. Credit Suisse Group boosted their target price on shares of Temenos from CHF 87 to CHF 89 and gave the stock an “underperform” rating in a research report on Wednesday. UBS Group reduced their price target on shares of Temenos from CHF 93 to CHF 84.50 and set a “sell” rating on the stock in a research report on Tuesday, April 12th. Morgan Stanley lowered their price objective on Temenos from CHF 111 to CHF 95 in a report on Monday, March 28th. Finally, JPMorgan Chase & Co. reduced their target price on Temenos from CHF 165 to CHF 135 and set an “overweight” rating on the stock in a report on Thursday, February 17th.

TMSNY stock opened at $86.36 on Thursday. The stock’s 50 day moving average is $96.21 and its two-hundred day moving average is $120.33. Temenos has a 52-week low of $81.96 and a 52-week high of $170.18.

About Temenos (Get Rating)

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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