FY2019 Earnings Forecast for Temenos AG (TMNSF) Issued By Jefferies Financial Group
Temenos AG (OTCMKTS:TMNSF) – Research analysts at Jefferies Financial Group dropped their FY2019 EPS estimates for shares of Temenos in a report issued on Wednesday, May 22nd. Jefferies Financial Group analyst P. Kratz now expects that the company will post earnings per share of $3.33 for the year, down from their prior estimate of $3.36.
Separately, Zacks Investment Research upgraded Temenos from a “hold” rating to a “strong-buy” rating and set a $164.00 target price on the stock in a report on Friday, April 19th.
Temenos Company Profile
Temenos AG, together with its subsidiaries, develops, markets, and sells integrated banking software systems primarily to banking and other financial services institutions worldwide. The company provides core banking platform for financial institutions; analytics solutions; Front Office, an integrated, role-specific, and multi-channel solution that supports banks daily interactions and long term relationships with their retail, corporate, mass affluent, and HNW customers; and breaking channels solutions, which enables its clients to deliver products and services for various business line through self-service and assisted channels for bank staff and customers.
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