Bottomline Tech (NASDAQ:EPAY): Needham Keeps “Buy” Rating Today, Has a Target of $66/Share

August 10, 2018 - By Mona Holcomb

Bottomline Technologies (NASDAQ:de, Inc) Logo

Bottomline Tech (NASDAQ:EPAY) Rating Reaffirmed

They currently have a $66 target price on Bottomline Tech (NASDAQ:EPAY). The target price by Needham would suggest a potential upside of 11.79 % from the company’s close price. This has been disclosed to clients in an analyst report on 10 August.

Bottomline Technologies (NASDAQ:de, Inc) Ratings Coverage

Among 3 analysts covering Bottomline Technologies (NASDAQ:EPAY), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Bottomline Technologies has $4800 highest and $4600 lowest target. $47’s average target is -20.39% below currents $59.04 stock price. Bottomline Technologies had 3 analyst reports since March 28, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, April 3 by Barrington. As per Wednesday, March 28, the company rating was initiated by Citigroup. The firm earned “Buy” rating on Friday, May 4 by Needham.

The stock increased 4.61% or $2.6 during the last trading session, reaching $59.04. About 1.19 million shares traded or 193.91% up from the average. Bottomline Technologies (NASDAQ:EPAY) has risen 89.43% since August 11, 2017 and is uptrending. It has outperformed by 76.86% the S&P500.

Bottomline Technologies , Inc. provides software as a service based solutions. The company has market cap of $2.41 billion. It operates through four divisions: Cloud Solutions, Digital Banking, Payments and Transactional Documents, and Other. It currently has negative earnings. The companyÂ’s services and products include Paymode-X, a cloud payment network that offers electronic payments and remittance delivery, online access to payment detail and reports, online payment approvals, electronic invoice delivery, and turnkey vendor enrollment and support; and digital banking solutions that provide payments, cash management, and online banking solutions to financial institutions.

Bottomline Technologies (NASDAQ:de, Inc) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: