Constellation Software Inc. (TSE:CSU) Receives C$4,800.00 Average Target Price from Analysts

Constellation Software Inc. (TSE:CSU) has received a consensus recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$4,800.00.

Several research analysts recently weighed in on the stock. National Bankshares boosted their price objective on shares of Constellation Software from C$4,800.00 to C$5,000.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Raymond James boosted their target price on Constellation Software from C$4,250.00 to C$4,550.00 in a research report on Monday, November 11th. BMO Capital Markets raised their price target on Constellation Software from C$4,800.00 to C$4,900.00 in a report on Monday, November 11th. UBS Group raised Constellation Software to a “strong-buy” rating in a report on Thursday, November 21st. Finally, TD Securities raised their target price on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a research note on Monday, November 11th.

Constellation Software Trading Up 1.5 %

Shares of TSE CSU opened at C$4,679.01 on Friday. Constellation Software has a 1-year low of C$3,148.70 and a 1-year high of C$4,716.99. The company has a 50-day moving average of C$4,392.76 and a two-hundred day moving average of C$4,160.48. The company has a market cap of C$99.15 billion, a PE ratio of 110.54, a P/E/G ratio of 2.95 and a beta of 0.81. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 151.81.

Constellation Software Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 20th will be issued 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 is Friday, December 20th. Constellation Software’s dividend payout ratio (DPR) 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.