Constellation Software (TSE:CSU) PT Set at C$5.70 by Royal Bank of Canada

Constellation Software (TSE:CSU) received a C$5.70 price target from analysts at Royal Bank of Canada in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank of Canada’s target price points to a potential downside of 99.88% from the company’s current price.

A number of other analysts have also weighed in on CSU. UBS Group raised shares of Constellation Software to a “strong-buy” rating in a report on Thursday, November 21st. CIBC lifted their target price on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a report on Monday, March 10th. BMO Capital Markets lifted their target price on shares of Constellation Software from C$4,900.00 to C$5,500.00 in a report on Monday, March 10th. Finally, Raymond James lifted their target price on shares of Constellation Software from C$4,550.00 to C$5,250.00 in a report on Monday, March 10th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$4,334.28.

Constellation Software Stock Performance

Shares of Constellation Software stock opened at C$4,626.66 on Friday. 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 firm has a market cap of C$69.92 billion, a P/E ratio of 109.93, a P/E/G ratio of 2.95 and a beta of 0.81. The firm has a 50 day simple moving average of C$4,744.42 and a 200 day simple moving average of C$4,541.48. Constellation Software has a fifty-two week low of C$3,535.00 and a fifty-two week high of C$5,040.00.

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.