Brokerages Set Constellation Software Inc. (TSE:CSU) PT at C$4,875.00

Shares of Constellation Software Inc. (TSE:CSU) have been assigned an average rating of “Moderate Buy” from the seven brokerages that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$4,875.00.

A number of brokerages have commented on CSU. National Bankshares increased their price objective on shares of 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. CIBC increased their target price on Constellation Software from C$4,800.00 to C$5,300.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Raymond James raised their price target on Constellation Software from C$4,250.00 to C$4,550.00 in a research note on Monday, November 11th. UBS Group upgraded Constellation Software to a “strong-buy” rating in a report on Thursday, November 21st. Finally, TD Securities boosted their target price on Constellation Software from C$4,500.00 to C$4,800.00 in a research note on Monday, November 11th.

Constellation Software Stock Performance

Shares of CSU opened at C$4,392.37 on Monday. The stock has a 50-day simple moving average of C$4,519.57 and a 200-day simple moving average of C$4,353.21. 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 has a 1 year low of C$3,535.00 and a 1 year high of C$4,879.19. The stock has a market capitalization of C$93.07 billion, a PE ratio of 103.76, a PEG ratio of 2.95 and a beta of 0.81.

Constellation Software Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were given 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 dividend yield of 0.12%. Constellation Software’s dividend payout ratio (DPR) is presently 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.