BMO Capital Markets Forecasts Strong Price Appreciation for Constellation Software (TSE:CSU) Stock

Constellation Software (TSE:CSU) had its price objective upped by analysts at BMO Capital Markets from C$4,900.00 to C$5,500.00 in a note issued to investors on Monday,BayStreet.CA reports. BMO Capital Markets’ price target points to a potential upside of 14.65% from the company’s previous close.

Several other analysts also recently weighed in on CSU. TD Securities boosted their price target on Constellation Software from C$4,500.00 to C$4,800.00 in a research note on Monday, November 11th. UBS Group raised Constellation Software to a “strong-buy” rating in a report on Thursday, November 21st. Raymond James boosted their price objective on Constellation Software from C$4,250.00 to C$4,550.00 in a report on Monday, November 11th. Finally, CIBC boosted their price objective on Constellation Software from C$5,300.00 to C$5,450.00 in a report on Monday. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Constellation Software has a consensus rating of “Moderate Buy” and a consensus price target of C$5,283.33.

Constellation Software Stock Down 3.0 %

CSU stock traded down C$150.86 on Monday, hitting C$4,797.33. 36,395 shares of the company’s stock were exchanged, compared to its average volume of 31,835. Constellation Software has a 12-month low of C$3,535.00 and a 12-month high of C$5,040.00. The firm has a 50 day moving average price of C$4,681.03 and a two-hundred day moving average price of C$4,517.17. 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 stock has a market cap of C$72.50 billion, a P/E ratio of 113.99, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81.

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.