TD Securities Issues Positive Forecast for Constellation Software (TSE:CSU) Stock Price

Constellation Software (TSE:CSU) had its price objective lifted by TD Securities from C$4,500.00 to C$4,800.00 in a report published on Monday,BayStreet.CA reports.

Several other research analysts have also weighed in on CSU. CIBC lifted their target price on Constellation Software from C$4,100.00 to C$4,850.00 and gave the stock an “outperform” rating in a report on Wednesday, August 28th. Royal Bank of Canada boosted their price objective on Constellation Software from C$4,300.00 to C$4,700.00 and gave the company an “outperform” rating in a research report on Monday, July 22nd. BMO Capital Markets raised their target price on shares of Constellation Software from C$4,550.00 to C$4,800.00 in a report on Monday, November 4th. National Bankshares raised 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 report on Thursday, October 24th. Finally, Raymond James upped their target price on shares of Constellation Software from C$3,800.00 to C$4,250.00 and gave the stock a “market perform” rating in a research note on Monday, August 12th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Constellation Software has a consensus rating of “Moderate Buy” and a consensus target price of C$4,800.00.

Constellation Software Trading Down 1.9 %

CSU opened at C$4,488.16 on Monday. The firm’s fifty day moving average is C$4,345.91 and its two-hundred day moving average is C$4,108.59. The firm has a market cap of C$95.10 billion, a PE ratio of 106.03, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. Constellation Software has a twelve month low of C$3,057.00 and a twelve month high of C$4,610.74. The company has a debt-to-equity ratio of 151.81, a quick ratio of 0.55 and a current ratio of 0.90.

Constellation Software Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 20th will be paid 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 is currently 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.