Constellation Software (TSE:CSU) Stock Price Expected to Rise, Raymond James Analyst Says

Constellation Software (TSE:CSU) had its target price increased by analysts at Raymond James from C$4,550.00 to C$5,250.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. Raymond James’ price objective points to a potential upside of 9.44% from the stock’s previous close.

Several other research analysts have also weighed in on CSU. CIBC boosted their price objective on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a research note on Monday. BMO Capital Markets boosted their price objective on shares of Constellation Software from C$4,900.00 to C$5,500.00 in a research note on Monday. TD Securities boosted their price objective on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a research note on Monday, November 11th. Finally, UBS Group raised shares of Constellation Software to a “strong-buy” rating in a research note on Thursday, November 21st. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$5,283.33.

Constellation Software Stock Down 3.0 %

CSU traded down C$150.86 during trading on Monday, hitting C$4,797.33. The company had a trading volume of 36,395 shares, compared to its average volume of 31,835. The company has a market capitalization of C$72.50 billion, a PE ratio of 113.99, a PEG ratio of 2.95 and a beta of 0.81. Constellation Software has a one year low of C$3,535.00 and a one year high of C$5,040.00. The firm’s 50-day moving average price is C$4,681.03 and its 200 day moving average price is C$4,517.17. 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 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.