Esker (OTCMKTS:ESKEF) Cut to Hold at Stifel Nicolaus

Esker (OTCMKTS:ESKEF – Get Rating) was downgraded by equities researchers at Stifel Nicolaus from a “buy” rating to a “hold” rating in a report released on Thursday, The Fly reports.

Separately, Berenberg Bank cut their target price on Esker from €200.00 ($217.39) to €180.00 ($195.65) in a research note on Wednesday, November 23rd.

Esker Price Performance

Shares of ESKEF opened at $123.93 on Thursday. The stock has a 50 day simple moving average of $123.93 and a two-hundred day simple moving average of $123.93. Esker has a 1 year low of $123.93 and a 1 year high of $417.82.

Esker Company Profile

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Esker SA provides SaaS-based document process automation solutions in France and internationally. The company offers procure-to-pay solutions, which includes supplier and contract management, procurement, AP automation, expense management, and payment and supply chain financing; and order-to-cash solutions, such as order and credit management, invoice delivery, payment, and collections management, as well as cash app and deductions.