Analysts Set Constellation Software Inc. (TSE:CSU) PT at C$4,875.00

Constellation Software Inc. (TSE:CSU) has received a consensus recommendation of “Moderate Buy” from the seven brokerages that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is C$4,875.00.

CSU has been the topic of a number of recent research reports. BMO Capital Markets upped their target price on Constellation Software from C$4,800.00 to C$4,900.00 in a research note on Monday, November 11th. UBS Group upgraded Constellation Software to a “strong-buy” rating in a research report on Thursday, November 21st. TD Securities lifted their target price on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a report on Monday, November 11th. Raymond James increased their price target on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a report on Monday, November 11th. Finally, CIBC lifted their price objective on shares of Constellation Software from C$4,800.00 to C$5,300.00 and gave the company an “outperform” rating in a report on Monday, December 9th.

Constellation Software Price Performance

TSE:CSU opened at C$4,547.45 on Thursday. The firm’s fifty day moving average is C$4,501.91 and its two-hundred day moving average is C$4,287.09. The firm has a market cap of C$96.36 billion, a price-to-earnings ratio of 107.43, a PEG ratio of 2.95 and a beta of 0.81. Constellation Software has a one year low of C$3,210.85 and a one year high of C$4,879.19. The company has a debt-to-equity ratio of 151.81, a quick ratio of 0.55 and a current ratio of 0.90.

Constellation Software Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, January 10th will be paid a dividend of $1.353 per share. The ex-dividend date is Friday, December 20th. This represents a $5.41 dividend on an annualized basis and a dividend yield of 0.12%. Constellation Software’s dividend payout ratio is currently 12.95%.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.