BMO Capital Markets Increases Constellation Software (TSE:CSU) Price Target to C$5,700.00

Constellation Software (TSE:CSU) had its price objective upped by equities research analysts at BMO Capital Markets from C$5,500.00 to C$5,700.00 in a research note issued on Thursday,BayStreet.CA reports. BMO Capital Markets’ price target indicates a potential upside of 17.74% from the company’s previous close.

CSU has been the subject of several other reports. Royal Bank of Canada set a C$5.70 target price on Constellation Software and gave the company an “outperform” rating in a report on Friday, March 21st. Raymond James upped their target price on Constellation Software from C$4,550.00 to C$5,250.00 in a report on Monday, March 10th. TD Securities upped their target price on Constellation Software from C$5,500.00 to C$5,600.00 and gave the company a “buy” rating in a report on Thursday. Finally, CIBC upped their target price on Constellation Software from C$5,300.00 to C$5,450.00 in a report on Monday, March 10th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Constellation Software has a consensus rating of “Buy” and a consensus target price of C$4,693.67.

Constellation Software Trading Down 1.2%

Shares of CSU stock opened at C$4,841.07 on Thursday. Constellation Software has a fifty-two week low of C$3,712.62 and a fifty-two week high of C$5,300.00. The stock has a market capitalization of C$73.16 billion, a P/E ratio of 115.03, a P/E/G 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. The stock has a 50-day simple moving average of C$4,768.44 and a 200 day simple moving average of C$4,682.63.

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.