Constellation Software Inc. (TSE:CSU) Receives C$4,875.00 Average Price Target from Analysts

Shares of Constellation Software Inc. (TSE:CSU) have been assigned a consensus rating of “Moderate Buy” from the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. Two 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. The average 1 year price objective among brokers that have covered the stock in the last year is C$4,875.00.

CSU has been the topic of a number of research analyst reports. CIBC raised their target price on Constellation Software from C$4,800.00 to C$5,300.00 and gave the company an “outperform” rating in a report on Monday, December 9th. BMO Capital Markets lifted their price objective on Constellation Software from C$4,800.00 to C$4,900.00 in a report on Monday, November 11th. Raymond James lifted their price objective on Constellation Software from C$4,250.00 to C$4,550.00 in a report on Monday, November 11th. TD Securities lifted their price objective on Constellation Software from C$4,500.00 to C$4,800.00 in a report on Monday, November 11th. Finally, UBS Group raised Constellation Software to a “strong-buy” rating in a report on Thursday, November 21st.

Constellation Software Stock Performance

CSU opened at C$4,908.63 on Tuesday. The firm has a market capitalization of C$74.18 billion, a P/E ratio of 116.63, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. The stock’s 50 day moving average price is C$4,672.76 and its two-hundred day moving average price is C$4,510.02. The company has a quick ratio of 0.55, a current ratio of 0.93 and a debt-to-equity ratio of 169.83. Constellation Software has a 12-month low of C$3,535.00 and a 12-month high of C$5,040.00.

Constellation Software Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were paid a $1.353 dividend. This represents a $5.41 annualized dividend and a yield of 0.11%. The ex-dividend date was Friday, December 20th. Constellation Software’s dividend payout ratio is 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.