Constellation Software (TSE:CSU) Price Target Raised to C$5,450.00

Constellation Software (TSE:CSU) had its price target increased by CIBC from C$5,300.00 to C$5,450.00 in a report published on Monday,BayStreet.CA reports.

A number of other equities analysts have also issued reports on CSU. TD Securities raised their target price on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a research report on Monday, November 11th. Raymond James raised their target price on shares of 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 target price on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday, November 11th. Finally, UBS Group upgraded shares of Constellation Software to a “strong-buy” rating in a research report on Thursday, November 21st. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$5,283.33.

Constellation Software Stock Performance

Shares of Constellation Software stock opened at C$4,754.94 on Monday. The firm has a market capitalization of C$71.86 billion, a P/E ratio of 112.98, a P/E/G ratio of 2.95 and a beta of 0.81. Constellation Software has a 52 week low of C$3,535.00 and a 52 week high of C$5,040.00. The company has a quick ratio of 0.55, a current ratio of 0.93 and a debt-to-equity ratio of 169.83. The firm’s 50 day moving average is C$4,699.26 and its two-hundred day moving average is C$4,527.09.

Constellation Software Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were given a $1.353 dividend. The ex-dividend date was Friday, December 20th. This represents a $5.41 dividend on an annualized basis and a yield of 0.11%. Constellation Software’s dividend payout ratio (DPR) is 13.02%.

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.