Temenos (OTCMKTS:TMSNY) PT Raised to CHF 51.50

Temenos (OTCMKTS:TMSNY – Get Rating) had its price objective upped by Credit Suisse Group from CHF 43 to CHF 51.50 in a research note published on Tuesday, The Fly reports. They currently have an underperform rating on the stock.

Several other equities research analysts have also commented on TMSNY. Bryan, Garnier & Co lowered shares of Temenos from a buy rating to a neutral rating and dropped their price objective for the stock from CHF 118 to CHF 58 in a research note on Monday, October 17th. HSBC cut shares of Temenos from a buy rating to a hold rating in a report on Monday, October 17th. Jefferies Financial Group decreased their target price on shares of Temenos from CHF 74 to CHF 55 in a report on Friday, October 14th. Stifel Nicolaus cut shares of Temenos from a buy rating to a hold rating in a report on Monday, October 24th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Temenos from CHF 70 to CHF 79 and gave the stock an overweight rating in a report on Tuesday. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of Hold and an average price target of $65.30.

Temenos Price Performance

OTCMKTS:TMSNY opened at $68.24 on Tuesday. Temenos has a one year low of $52.10 and a one year high of $168.58. The company’s 50-day simple moving average is $59.44 and its 200 day simple moving average is $68.57.

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.