Temenos AG (OTCMKTS:TMSNY) Receives Average Recommendation of “Hold” from Analysts

Shares of Temenos AG (OTCMKTS:TMSNY – Get Rating) have been assigned an average rating of “Hold” from the twelve analysts that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $65.30.

A number of brokerages have weighed in on TMSNY. Barclays increased their target price on shares of Temenos from CHF 52 to CHF 56 and gave the stock an “equal weight” rating in a report on Monday, November 21st. Credit Suisse Group increased their price objective on shares of Temenos from CHF 43 to CHF 51.50 and gave the stock an “underperform” rating in a report on Tuesday, January 17th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Temenos from CHF 70 to CHF 79 and gave the stock an “overweight” rating in a report on Tuesday, January 17th.

Temenos Price Performance

Shares of OTCMKTS:TMSNY opened at $63.32 on Friday. Temenos has a 1-year low of $52.10 and a 1-year high of $107.31. The company’s fifty day moving average is $71.59 and its two-hundred day moving average is $66.29.

Temenos Company Profile

(Get Rating)

Temenos AG is a holding company, which engages in the development, marketing, and sale of banking software systems. It operates through the Products and Services segments. The Product segment markets, licenses, and provides software solutions and subscription arrangements. The Services segment offers consulting and training activities.