Barclays Upgrades Temenos (TMNSF) to Hold

In a report issued on January 14, James Goodman from Barclays upgraded Temenos (TMNSFResearch Report) to Hold, with a price target of CHF118.00. The company’s shares closed last Monday at $137.00.

Goodman has an average return of 3.9% when recommending Temenos.

According to TipRanks.com, Goodman is ranked #2754 out of 7234 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Temenos with a $134.15 average price target.

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Temenos’ market cap is currently $9.86B and has a P/E ratio of 67.80. The company has a Price to Book ratio of 19.88.

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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. The company was founded by George Koukis in 1993 and is headquartered in Geneva, Switzerland.