Brokerages Set Constellation Software Inc. (TSE:CSU) Price Target at C$4,875.00

Constellation Software Inc. (TSE:CSU) has received 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 assigned a strong buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is C$4,875.00.

Several analysts recently issued reports on CSU shares. Raymond James upped their target price on Constellation Software from C$4,250.00 to C$4,550.00 in a report on Monday, November 11th. UBS Group upgraded Constellation Software to a “strong-buy” rating in a research note on Thursday, November 21st. CIBC upped their price objective on Constellation Software from C$4,800.00 to C$5,300.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. BMO Capital Markets upped their price objective on Constellation Software from C$4,800.00 to C$4,900.00 in a research note on Monday, November 11th. Finally, National Bankshares upped their price objective on Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th.

Constellation Software Stock Performance

CSU opened at C$4,340.82 on Monday. Constellation Software has a 52-week low of C$3,533.69 and a 52-week high of C$4,879.19. The firm has a market capitalization of C$91.98 billion, a PE ratio of 102.55, a PEG ratio of 2.95 and a beta of 0.81. The company has a debt-to-equity ratio of 151.81, a quick ratio of 0.55 and a current ratio of 0.90. The business’s 50-day simple moving average is C$4,516.77 and its 200 day simple moving average is C$4,346.89.

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 given a dividend of $1.353 per share. This represents a $5.41 dividend on an annualized basis and a yield of 0.12%. The ex-dividend date was Friday, December 20th. Constellation Software’s dividend 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.