Constellation Software (TSE:CSU) Stock Price Expected to Rise, TD Securities Analyst Says

Constellation Software (TSE:CSU) had its price objective lifted by analysts at TD Securities from C$5,500.00 to C$5,600.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ target price would suggest a potential upside of 15.68% from the company’s current price.

Several other equities research analysts also recently weighed in on the company. Royal Bank of Canada set a C$5.70 target price on Constellation Software and gave the stock an “outperform” rating in a research 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 research report on Monday, March 10th. BMO Capital Markets upped their target price on Constellation Software from C$5,500.00 to C$5,700.00 in a research report on Tuesday, May 13th. Finally, CIBC upped their target price on Constellation Software from C$5,300.00 to C$5,450.00 in a research report on Monday, March 10th. One analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$4,693.67.

Constellation Software Price Performance

Shares of TSE CSU opened at C$4,841.07 on Thursday. Constellation Software has a 1-year low of C$3,712.62 and a 1-year high of C$5,300.00. The business has a 50-day moving average of C$4,768.44 and a 200-day moving average of C$4,682.63. 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 company has a market capitalization of C$73.16 billion, a price-to-earnings ratio of 115.03, a PEG ratio of 2.95 and a beta of 0.81.

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.