Brokerages Set Constellation Software Inc. (TSE:CSU) Price Target at C$4,800.00

Shares of Constellation Software Inc. (TSE:CSU) have been given an average recommendation of “Moderate Buy” by the seven research firms that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is C$4,800.00.

Several analysts have recently weighed in on CSU shares. UBS Group raised Constellation Software to a “strong-buy” rating in a report on Thursday, November 21st. Raymond James boosted their price target on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a report on Monday, November 11th. TD Securities raised their price objective on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a report on Monday, November 11th. BMO Capital Markets upped their target price on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research note on Monday, November 11th. Finally, National Bankshares raised their price target on shares of Constellation Software from C$4,800.00 to C$5,000.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th.

Constellation Software Stock Up 1.5 %

CSU stock opened at C$4,679.01 on Friday. Constellation Software has a twelve month low of C$3,148.70 and a twelve month high of C$4,716.99. 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 company has a market cap of C$99.15 billion, a PE ratio of 110.54, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. The business’s 50-day simple moving average is C$4,392.76 and its 200 day simple moving average is C$4,160.48.

Constellation Software Cuts Dividend

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

Constellation Software Company Profile

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.