Constellation Software Inc. (TSE:CSU) Receives C$4,500.95 Consensus Price Target from Brokerages

Shares of Constellation Software Inc. (TSE:CSU) have received an average recommendation of “Buy” from the six analysts that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$4,500.95.

A number of research analysts recently issued reports on the company. Royal Bank of Canada set a C$5.70 price target on Constellation Software and gave the company an “outperform” rating in a report on Friday, March 21st. Raymond James boosted their price target on Constellation Software from C$4,550.00 to C$5,250.00 in a report on Monday, March 10th. CIBC boosted their price target on Constellation Software from C$5,300.00 to C$5,450.00 in a report on Monday, March 10th. TD Securities boosted their price target on Constellation Software from C$5,500.00 to C$5,600.00 and gave the company a “buy” rating in a report on Tuesday, May 13th. Finally, BMO Capital Markets upped their target price on Constellation Software from C$5,500.00 to C$5,700.00 in a report on Tuesday, May 13th.

Constellation Software Stock Down 0.3%

Shares of TSE:CSU opened at C$5,050.48 on Friday. Constellation Software has a 1 year low of C$3,660.53 and a 1 year high of C$5,300.00. The company has a market cap of C$76.32 billion, a PE ratio of 120.00, a P/E/G ratio of 2.95 and a beta of 0.81. The company has a debt-to-equity ratio of 169.83, a current ratio of 0.93 and a quick ratio of 0.55. The stock’s 50-day moving average is C$4,755.85 and its 200 day moving average is C$4,675.68.

Constellation Software Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were issued a dividend of $1.00 per share. The ex-dividend date was Friday, March 28th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.08%. Constellation Software’s dividend payout ratio (DPR) is 13.02%.

About Constellation Software

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.