Temenos AG (OTCMKTS:TMSNY) Receives $98.70 Average PT from Analysts

Temenos AG (OTCMKTS:TMSNY – Get Rating) has been assigned a consensus rating of “Hold” from the seven ratings firms that are covering the firm, Marketbeat reports. Two 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 target price among brokerages that have covered the stock in the last year is $98.70.

TMSNY has been the topic of several analyst reports. JPMorgan Chase & Co. reduced their target price on shares of Temenos from CHF 135 to CHF 125 and set an “overweight” rating on the stock in a report on Tuesday, May 3rd. Credit Suisse Group raised their target price on shares of Temenos from CHF 87 to CHF 89 and gave the company an “underperform” rating in a report on Wednesday, April 27th. UBS Group reduced their target price on shares of Temenos from CHF 93 to CHF 84.50 and set a “sell” rating on the stock in a report on Tuesday, April 12th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Temenos from CHF 110 to CHF 100 in a report on Monday, April 11th. Finally, Morgan Stanley reduced their price objective on shares of Temenos from CHF 111 to CHF 95 in a research report on Monday, March 28th.

OTCMKTS TMSNY opened at $102.00 on Monday. The firm has a 50 day simple moving average of $97.96 and a 200-day simple moving average of $115.13. Temenos has a one year low of $81.96 and a one year 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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