TEMENOS: 2025 targets have increased our medium-term confidence | BUY | CHF159 VS. CHF149 (+24%)
TEMENOS - BUY | CHF159 VS. CHF149 (+24%)2025 targets have increased our medium-term confidence
We have raised our target price to CHF159 on 2025 ambitions
Temenos has significant sales growth and margin levers ahead
More recurring sales are expected, and North America will be boosted
Structural growth drivers are still there and tend to accelerate
Temenos is engaged in the development, marketing and sale of banking software systems. Co. is also involved in supporting the implementation of the systems at various client locations around the world as well as in offering help desk support services to existing users of TEMENOS software systems. Co.'s client base consists of banking and other financial services institutions. Co.'s segments include: Product, which is engaged in marketing, licensing and maintaining Co.'s software solutions, including software development fees for requested functionality, as well as providing hosting arrangements; and Services, which represents various implementation services such as consulting and training.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.