TD Securities Boosts Constellation Software (TSE:CSU) Price Target to C$5,300.00

Constellation Software (TSE:CSU) had its price target boosted by equities researchers at TD Securities from C$4,000.00 to C$5,300.00 in a research note issued on Thursday,BayStreet.CA reports. TD Securities’ target price suggests a potential upside of 113.15% from the company’s previous close.

A number of other research firms have also recently issued reports on CSU. Canadian Imperial Bank of Commerce decreased their target price on Constellation Software from C$5,260.00 to C$4,668.00 in a research note on Friday, January 16th. Jefferies Financial Group decreased their price objective on Constellation Software from C$5,850.00 to C$4,500.00 in a research report on Monday, November 10th. Royal Bank Of Canada lowered their target price on Constellation Software from C$5,600.00 to C$4,800.00 and set an “outperform” rating for the company in a research note on Monday, January 26th. Desjardins raised shares of Constellation Software to a “moderate buy” rating in a research note on Thursday, October 30th. Finally, Raymond James Financial reduced their price target on shares of Constellation Software from C$5,250.00 to C$4,300.00 in a report on Monday, November 10th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$4,481.14.

Constellation Software Trading Up 2.9%

CSU opened at C$2,486.52 on Thursday. The firm’s fifty day moving average is C$2,882.68 and its two-hundred day moving average is C$3,557.19. The firm has a market cap of C$52.69 billion, a PE ratio of 76.74, a price-to-earnings-growth ratio of 2.95 and a beta of 0.10. Constellation Software has a twelve month low of C$2,196.00 and a twelve month high of C$5,300.00. The company has a debt-to-equity ratio of 169.83, a quick ratio of 0.55 and a current ratio of 0.93.

Constellation Software Company Profile

Constellation Software is an international provider of market-leading software and services to a number of industries. Our mission is to acquire, manage and build market-leading software businesses that develop specialized, mission-critical software solutions to address the specific needs of our particular industries. Our company was founded in 1995 to assemble a portfolio of vertical market software companies that have the potential to be leaders in their particular market. Since then, we have grown rapidly through a combination of acquisitions and organic growth, and established a strong constellation of companies with a large, diverse customer base.