Concur Technologies PT Raised to $110.00 at Deutsche Bank (CNQR)
Analysts at Deutsche Bank raised their price objective on shares of Concur Technologies (NASDAQ:CNQR) from $95.00 to $110.00 in a research report issued to clients and investors on Monday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price objective would indicate a potential upside of 20.83% from the company’s current price.
A number of other firms have also recently commented on CNQR. Analysts at Roth Capital initiated coverage on shares of Concur Technologies in a research note on Wednesday, June 25th. They set a “buy” rating and a $130.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Concur Technologies in a research note on Friday, June 20th. They now have a $98.00 price target on the stock. Finally, analysts at Goldman Sachs cut their price target on shares of Concur Technologies from $90.00 to $77.00 in a research note on Thursday, May 22nd. One analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the stock. Concur Technologies presently has an average rating of “Hold” and a consensus target price of $110.31.
Concur Technologies (NASDAQ:CNQR) opened at 91.04 on Monday. Concur Technologies has a 52 week low of $74.43 and a 52 week high of $130.39. The stock has a 50-day moving average of $92.2 and a 200-day moving average of $98.52. The company’s market cap is $5.179 billion.
In other Concur Technologies news, CFO Francis J. Pelzer sold 1,000 shares of the company’s stock on the open market in a transaction dated Friday, August 1st. The shares were sold at an average price of $91.10, for a total transaction of $91,100.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Concur Technologies, Inc (NASDAQ:CNQR) is a provider of integrated travel and expense management solutions for companies of all industries, sizes, and geographies.
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