Analyst Price Target is $20.00
▲ +69.92% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for BTRS in the last 3 months. The average price target is $20.00, with a high forecast of $23.00 and a low forecast of $17.00. The average price target represents a 69.92% upside from the last price of $11.77.
Current Consensus is
The current consensus among 8 polled investment analysts is to buy stock in BTRS.
BTRS Holdings Inc. provides cloud-based software and integrated payment processing solutions that simplify and automate B2B commerce. It offers solutions that span credit decisioning and monitoring, online ordering, invoicing, cash application, and collections. These solutions integrate with various ecosystem players, including financial institutions, enterprise resource planning systems, and accounts payable software platforms, to help customers to transition from paper invoicing and check acceptance to electronic billing and payments. The company's proprietary technology platform offers customers various ways to present invoices, such as online, email, AP portal, and print/mail; and receive payments through credit card, ACH, email, phone, and paper check. It serves customers across diversified industry verticals comprising technology, healthcare, industrial, wholesale distribution, consumer packaged goods, and others. The company was founded in 2001 and is headquartered in Lawrenceville, New Jersey.