Constellation Software (TSE:CSU) Upgraded to “Buy” at TD Securities

Constellation Software (TSE:CSU) was upgraded by analysts at TD Securities from a “hold” rating to a “buy” rating in a report released on Friday,BayStreet.CA reports. The brokerage currently has a C$5,550.00 price target on the stock, up from their previous price target of C$5,250.00. TD Securities’ price target would indicate a potential upside of 21.73% from the stock’s previous close.

CSU has been the topic of several other reports. Raymond James lifted their price target on Constellation Software from C$4,550.00 to C$5,250.00 in a research report on Monday, March 10th. Royal Bank of Canada set a C$5.70 price target on shares of Constellation Software and gave the stock an “outperform” rating in a research report on Friday, March 21st. CIBC raised their price objective on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a research report on Monday, March 10th. Finally, BMO Capital Markets boosted their target price on shares of Constellation Software from C$4,900.00 to C$5,500.00 in a report on Monday, March 10th. One research analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of C$4,459.28.

Constellation Software Price Performance

Shares of TSE:CSU traded up C$194.20 during trading on Friday, reaching C$4,559.20. The company had a trading volume of 32,115 shares, compared to its average volume of 37,856. The firm’s fifty day moving average is C$4,746.26 and its 200 day moving average is C$4,568.41. The company has a debt-to-equity ratio of 169.83, a quick ratio of 0.55 and a current ratio of 0.93. The firm has a market capitalization of C$68.90 billion, a PE ratio of 108.33, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. Constellation Software has a twelve month low of C$3,535.00 and a twelve month high of C$5,040.00.

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.