Constellation Software (TSE:CSU) Price Target Raised to C$5,700.00

Constellation Software (TSE:CSU) had its target price raised by Royal Bank of Canada from C$5,300.00 to C$5,700.00 in a report released on Monday morning,BayStreet.CA reports.

Several other research firms also recently commented on CSU. BMO Capital Markets upped their price objective on Constellation Software from C$4,900.00 to C$5,500.00 in a research note on Monday. CIBC upped their price target on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a report on Monday. Raymond James increased their target price on Constellation Software from C$4,550.00 to C$5,250.00 in a research note on Monday. UBS Group raised Constellation Software to a “strong-buy” rating in a research note on Thursday, November 21st. Finally, 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. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Constellation Software has a consensus rating of “Moderate Buy” and a consensus target price of C$5,283.33.

Constellation Software Price Performance

Shares of TSE CSU opened at C$4,754.94 on Monday. Constellation Software has a twelve month low of C$3,535.00 and a twelve month high of C$5,040.00. The stock’s 50 day moving average price is C$4,699.26 and its 200-day moving average price is C$4,527.09. The company has a market capitalization of C$71.86 billion, a PE ratio of 112.98, a PEG ratio of 2.95 and a beta of 0.81. The company has a quick ratio of 0.55, a current ratio of 0.93 and a debt-to-equity ratio of 169.83.

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 issued a $1.353 dividend. The ex-dividend date of this dividend was Friday, December 20th. This represents a $5.41 dividend on an annualized basis and a yield of 0.11%. Constellation Software’s payout ratio is currently 13.02%.

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.