Constellation Software (TSE:CSU) Upgraded at UBS Group

UBS Group upgraded shares of Constellation Software (TSE:CSU) to a strong-buy rating in a research report released on Thursday,Zacks.com reports.

CSU has been the topic of a number of other reports. BMO Capital Markets boosted their price objective on Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday, November 11th. CIBC increased their price objective on shares of Constellation Software from C$4,100.00 to C$4,850.00 and gave the company an “outperform” rating in a research note on Wednesday, August 28th. National Bankshares raised their price objective on shares of Constellation Software from C$4,800.00 to C$5,000.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Raymond James increased their price target on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a research report on Monday, November 11th. Finally, TD Securities upped their price objective on Constellation Software from C$4,500.00 to C$4,800.00 in a research note on Monday, November 11th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$4,800.00.

Constellation Software Trading Down 1.2 %

Shares of CSU opened at C$4,587.90 on Thursday. The stock’s 50-day moving average price is C$4,379.86 and its 200 day moving average price is C$4,146.17. The company has a quick ratio of 0.55, a current ratio of 0.90 and a debt-to-equity ratio of 151.81. The firm has a market capitalization of C$97.22 billion, a price-to-earnings ratio of 108.38, a P/E/G ratio of 2.95 and a beta of 0.81. Constellation Software has a 12-month low of C$3,148.70 and a 12-month high of C$4,669.84.

Constellation Software Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 20th will be issued a $1.353 dividend. This represents a $5.41 annualized dividend and a dividend yield of 0.12%. The ex-dividend date is Friday, December 20th. Constellation Software’s payout ratio is currently 12.95%.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.