Constellation Software (TSE:CSU) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

Constellation Software (TSE:CSU) had its price objective boosted by BMO Capital Markets from C$4,900.00 to C$5,500.00 in a report released on Monday,BayStreet.CA reports. BMO Capital Markets’ target price indicates a potential upside of 16.46% from the company’s current price.

Several other research analysts have also weighed in on CSU. CIBC raised their price objective on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a report on Monday. UBS Group raised shares of Constellation Software to a “strong-buy” rating in a report on Thursday, November 21st. TD Securities raised their price objective on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a report on Monday, November 11th. Finally, Raymond James raised their price objective on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a report on Monday, November 11th. Two equities research 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’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$5,283.33.

Constellation Software Price Performance

CSU opened at C$4,722.50 on Monday. The company has a fifty day simple moving average of C$4,693.06 and a 200 day simple moving average of C$4,523.94. The firm has a market cap of C$71.37 billion, a price-to-earnings ratio of 112.21, a PEG ratio of 2.95 and a beta of 0.81. Constellation Software has a twelve month low of C$3,535.00 and a twelve month high of C$5,040.00. The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 169.83.

Constellation Software Company Profile

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.