Analysts Set Constellation Software Inc. (TSE:CSU) Price Target at C$5,521.43

Constellation Software Inc. (TSE:CSU) has been given a consensus rating of “Buy” by the six ratings firms that are presently covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$5,521.43.

A number of equities research analysts have recently weighed in on CSU shares. BMO Capital Markets cut their price target on Constellation Software from C$5,700.00 to C$5,400.00 in a report on Monday, August 11th. TD Securities lifted their price target on Constellation Software from C$5,600.00 to C$5,700.00 and gave the company a “buy” rating in a report on Monday, August 11th. Finally, Royal Bank Of Canada lifted their price target on Constellation Software from C$5,700.00 to C$6,000.00 and gave the company an “outperform” rating in a report on Monday, August 11th.

Constellation Software Stock Performance

Shares of TSE CSU opened at C$4,200.28 on Friday. The firm’s 50-day moving average price is C$4,598.44 and its two-hundred day moving average price is C$4,744.27. The stock has a market capitalization of C$89.01 billion, a P/E ratio of 138.90, a P/E/G ratio of 2.95 and a beta of 0.77. The company has a quick ratio of 0.55, a current ratio of 0.93 and a debt-to-equity ratio of 169.83. Constellation Software has a 52-week low of C$4,101.70 and a 52-week high of C$5,300.00.

Constellation Software Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 10th. Stockholders of record on Friday, October 10th will be issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, September 19th. Constellation Software’s payout ratio is 13.23%.

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.