Constellation Software Inc. (TSE:CSU) Receives C$4,875.00 Consensus Target Price from Analysts

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

CSU has been the topic of a number of research reports. TD Securities boosted their target price on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a report on Monday, November 11th. BMO Capital Markets boosted their price objective on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research note on Monday, November 11th. CIBC raised their target price on Constellation Software from C$4,800.00 to C$5,300.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. National Bankshares upped their price target on Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Finally, UBS Group raised Constellation Software to a “strong-buy” rating in a research note on Thursday, November 21st.

Constellation Software Price Performance

Constellation Software stock opened at C$4,510.27 on Thursday. The company has a market capitalization of C$95.57 billion, a PE ratio of 106.55, 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. The stock has a 50-day moving average price of C$4,497.40 and a two-hundred day moving average price of C$4,277.05. Constellation Software has a 12 month low of C$3,210.85 and a 12 month high of C$4,879.19.

Constellation Software Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, January 10th 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.