Constellation Software (TSE:CSU) Price Target Raised to C$5,600.00

Constellation Software (TSE:CSU) had its price target hoisted by TD Securities from C$5,500.00 to C$5,600.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

CSU has been the subject of a number of other research reports. Royal Bank of Canada set a C$5.70 target price on Constellation Software and gave the company an “outperform” rating in a research note on Friday, March 21st. Raymond James upped their price target on shares of Constellation Software from C$4,550.00 to C$5,250.00 in a report on Monday, March 10th. CIBC increased their price target on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a research report on Monday, March 10th. Finally, BMO Capital Markets boosted their price objective on shares of Constellation Software from C$5,500.00 to C$5,700.00 in a research report on Tuesday. One analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$4,500.95.

Constellation Software Stock Performance

Constellation Software stock opened at C$5,063.48 on Tuesday. The firm has a fifty day simple moving average of C$4,734.29 and a two-hundred day simple moving average of C$4,654.44. 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 twelve month low of C$3,605.00 and a twelve month high of C$5,300.00. The company has a market capitalization of C$76.52 billion, a PE ratio of 120.31, a P/E/G ratio of 2.95 and a beta of 0.81.

Constellation Software Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 0.08%. The ex-dividend date of this dividend was Friday, March 28th. Constellation Software’s dividend payout ratio (DPR) is currently 13.02%.

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.