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

Constellation Software Inc. (TSE:CSU) has earned a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is C$4,875.00.

Several equities research analysts have recently issued reports on the company. TD Securities raised their price objective on Constellation Software from C$4,500.00 to C$4,800.00 in a research note on Monday, November 11th. National Bankshares lifted 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 note on Thursday, October 24th. UBS Group upgraded shares of Constellation Software to a “strong-buy” rating in a report on Thursday, November 21st. Raymond James lifted their price target on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a research note on Monday, November 11th. Finally, BMO Capital Markets increased their price objective on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday, November 11th.

Constellation Software Stock Up 0.7 %

Shares of TSE:CSU opened at C$4,452.56 on Thursday. The company has a market cap of C$94.35 billion, a price-to-earnings ratio of 105.19, a PEG ratio of 2.95 and a beta of 0.81. Constellation Software has a 12 month low of C$3,195.95 and a 12 month high of C$4,879.19. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 151.81. The company has a 50-day moving average price of C$4,497.40 and a 200 day moving average price of C$4,273.67.

Constellation Software Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, January 10th will be given a dividend of $1.353 per share. This represents a $5.41 dividend on an annualized basis and a dividend yield of 0.12%. The ex-dividend date is Friday, December 20th. Constellation Software’s dividend payout ratio (DPR) is presently 12.95%.

Constellation Software Company Profile

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.