Constellation Software Inc. (TSE:CSU) Receives C$4,459.28 Average Price Target from Analysts

Constellation Software Inc. (TSE:CSU) has been assigned a consensus rating of “Buy” from the seven brokerages that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$4,459.28.

A number of analysts have issued reports on CSU shares. Royal Bank of Canada set a C$5.70 price objective on Constellation Software and gave the stock an “outperform” rating in a research note on Friday, March 21st. CIBC upped their price target on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a research note on Monday, March 10th. BMO Capital Markets lifted their price objective on shares of Constellation Software from C$4,900.00 to C$5,500.00 in a research note on Monday, March 10th. Raymond James upped their target price on shares of Constellation Software from C$4,550.00 to C$5,250.00 in a research report on Monday, March 10th. Finally, TD Securities upgraded Constellation Software from a “hold” rating to a “buy” rating and lifted their price target for the stock from C$5,250.00 to C$5,550.00 in a research report on Friday, April 11th.

Constellation Software Trading Up 1.1 %

Shares of CSU stock opened at C$4,982.00 on Wednesday. The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 169.83. The stock has a market capitalization of C$75.29 billion, a price-to-earnings ratio of 118.38, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. Constellation Software has a 12-month low of C$3,535.00 and a 12-month high of C$5,040.00. The stock’s 50-day moving average price is C$4,702.04 and its 200-day moving average price is C$4,603.41.

Constellation Software Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 0.08%. The ex-dividend date was Friday, March 28th. Constellation Software’s payout ratio is currently 13.02%.

About Constellation Software

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. Its operations are organized in two segments: Public Sector and Private Sector. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care.