Constellation Software Inc. (TSE:CSU) Receives C$4,875.00 Consensus PT from Brokerages

Constellation Software Inc. (TSE:CSU) has earned an average rating of “Moderate Buy” from the seven brokerages that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is C$4,875.00.

A number of brokerages have recently issued reports on CSU. BMO Capital Markets upped their price target on Constellation Software from C$4,800.00 to C$4,900.00 in a report on Monday, November 11th. UBS Group raised shares of Constellation Software to a “strong-buy” rating in a report on Thursday, November 21st. National Bankshares boosted their price objective on shares of Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. CIBC raised their target price on shares of Constellation Software from C$4,800.00 to C$5,300.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Finally, TD Securities lifted their target price on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a research report on Monday, November 11th.

Constellation Software Price Performance

Shares of TSE:CSU opened at C$4,452.56 on Thursday. The company has a market capitalization of C$94.35 billion, a PE ratio of 105.19, a PEG ratio of 2.95 and a beta of 0.81. The business has a fifty day moving average price of C$4,497.40 and a 200-day moving average price of C$4,273.67. Constellation Software has a 1-year low of C$3,195.95 and a 1-year high of C$4,879.19. The company has a debt-to-equity ratio of 151.81, a current ratio of 0.90 and a quick ratio of 0.55.

Constellation Software Cuts Dividend

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