Constellation Software (TSE:CSU) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

Constellation Software (TSE:CSU) had its price target hoisted by research analysts at BMO Capital Markets from C$4,550.00 to C$4,800.00 in a report issued on Monday, BayStreet.CA reports. BMO Capital Markets’ target price points to a potential upside of 12.91% from the company’s previous close.

Several other equities analysts also recently issued reports on CSU. National Bankshares upped their target price on Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. CIBC increased their price objective on Constellation Software from C$4,100.00 to C$4,850.00 and gave the company an “outperform” rating in a report on Wednesday, August 28th. Royal Bank of Canada lifted their target price on Constellation Software from C$4,300.00 to C$4,700.00 and gave the stock an “outperform” rating in a report on Monday, July 22nd. Finally, Raymond James raised their target price on shares of Constellation Software from C$3,800.00 to C$4,250.00 and gave the stock a “market perform” rating in a report on Monday, August 12th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Constellation Software presently has an average rating of “Moderate Buy” and an average price target of C$4,625.00.

Constellation Software Trading Down 0.3 %

Shares of TSE:CSU opened at C$4,251.02 on Monday. The business’s 50-day moving average is C$4,330.94 and its 200 day moving average is C$4,079.65. 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 has a 1 year low of C$2,820.00 and a 1 year high of C$4,476.50. The firm has a market capitalization of C$90.08 billion, a P/E ratio of 100.43, a P/E/G ratio of 2.95 and a beta of 0.81.

Constellation Software (TSE:CSU) last posted its quarterly earnings data on Friday, August 9th. The company reported C$31.00 earnings per share (EPS) for the quarter, beating the consensus estimate of C$29.71 by C$1.29. The firm had revenue of C$3.38 billion for the quarter, compared to the consensus estimate of C$3.40 billion. Constellation Software had a net margin of 7.00% and a return on equity of 15.93%. On average, research analysts predict that Constellation Software will post 55.4616354 earnings per share for the current fiscal year.

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.