BMO Capital Markets Issues Positive Forecast for Constellation Software (TSE:CSU) Stock Price

Constellation Software (TSE:CSU) had its target price upped by BMO Capital Markets from C$4,900.00 to C$5,500.00 in a report published on Monday morning,BayStreet.CA reports.

A number of other brokerages have also weighed in on CSU. UBS Group upgraded shares of Constellation Software to a “strong-buy” rating in a research note on Thursday, November 21st. Raymond James increased their target price 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 target on Constellation Software from C$4,500.00 to C$4,800.00 in a report on Monday, November 11th. Finally, CIBC boosted their target price on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a report on Monday. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$5,283.33.

Constellation Software Trading Down 3.0 %

Constellation Software stock opened at C$4,800.00 on Monday. Constellation Software has a one year low of C$3,535.00 and a one year high of C$5,040.00. The business’s fifty day moving average is C$4,687.51 and its 200 day moving average is C$4,520.69. The company has a debt-to-equity ratio of 169.83, a current ratio of 0.93 and a quick ratio of 0.55. The stock has a market capitalization of C$72.54 billion, a PE ratio of 114.05, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81.

Constellation Software Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were given a dividend of $1.353 per share. This represents a $5.41 annualized dividend and a dividend yield of 0.11%. The ex-dividend date was Friday, December 20th. Constellation Software’s dividend payout ratio is 13.02%.

Constellation Software Company Profile

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.