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A statement released earlier today by Royal Bank Of Canada about Bottomline Technologies (NASDAQ:EPAY) bumps the target price to $26.00

Just yesterday Bottomline Technologies (NASDAQ:EPAY) traded -0.56% lower at $23.29. Bottomline Technologies’s 50-day moving average is $22.31 and its 200-day moving average is $24.55. The last stock price is down -5.12% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 309,595 shares of EPAY traded hands, down from an average trading volume of 422,130

Royal Bank Of Canada increased the stock price target of Bottomline Technologies (NASDAQ:EPAY) to $26.00 reporting a possible upside of 0.12%.

Previously on Friday August 26, 2016, Canaccord Genuity released a statement about Bottomline Technologies (NASDAQ:EPAY) reduced the target price from $28.00 to $25.00. At the time, this indicated a possible upside of 0.07%.

Recent Performance Chart

Bottomline Technologies (NASDAQ:EPAY)

Bottomline Technologies has 52 week low of $18.48 and a 52 week high of $31.58 and has a market capitalization of $0.

In addition to Royal Bank Of Canada reporting its stock price target, a total of 4 brokerages have issued a research note on the company. The average stock price target is $28.00 with 1 brokerage rating the stock a strong buy, 1 brokerage rating the stock a buy, 6 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Bottomline Technologies (NASDAQ:EPAY)

Bottomline Technologies (de), Inc. is engaged in providing a set of cloud-based business payment, digital banking, fraud prevention, payment and financial document solutions. The Company helps businesses pay and get paid. It offers hosted or Software as a Service (SaaS) solutions, as well as software designed to run on-site at the customer's location. It operates through four segments: Payments and Transactional Documents, Hosted Solutions, Digital Banking and Other. The Payments and Transactional Documents segment is a supplier of software products that provide a range of financial business process management solutions, including making and collecting payments and generating and storing business documents. The Hosted Solutions segment provides customers with SaaS technology offerings. The Digital Banking segment provides solutions to banking and financial institution customers. The Other segment consists of its healthcare and cyber fraud and risk management operating segments.

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