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

Constellation Software (TSE:CSU) had its price target raised by BMO Capital Markets from C$4,800.00 to C$4,900.00 in a report released on Monday,BayStreet.CA reports.

Several other equities analysts also recently issued reports on CSU. TD Securities increased their price objective on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a report on Monday. National Bankshares lifted their price objective on Constellation Software from C$4,800.00 to C$5,000.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Royal Bank of Canada increased their target price on Constellation Software from C$4,300.00 to C$4,700.00 and gave the company an “outperform” rating in a report on Monday, July 22nd. Raymond James lifted their price target on Constellation Software from C$4,250.00 to C$4,550.00 in a research note on Monday. Finally, 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 research note on Wednesday, August 28th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of C$4,800.00.

Constellation Software Trading Down 1.9 %

Shares of TSE:CSU opened at C$4,488.16 on Monday. The business’s 50 day moving average price is C$4,345.91 and its 200-day moving average price is C$4,108.59. Constellation Software has a 1 year low of C$3,057.00 and a 1 year high of C$4,610.74. The firm has a market capitalization of C$95.10 billion, a price-to-earnings ratio of 106.03, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. 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 Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 20th will be given a dividend of $1.353 per share. The ex-dividend date of this dividend is Friday, December 20th. This represents a $5.41 annualized dividend and a dividend yield of 0.12%. Constellation Software’s payout ratio is 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.