Constellation Software (TSE:CSU) Price Target Raised to C$5,700.00 at Royal Bank of Canada

Constellation Software (TSE:CSU) had its target price lifted by Royal Bank of Canada from C$5,300.00 to C$5,700.00 in a research report released on Monday morning,BayStreet.CA reports.

Several other brokerages also recently weighed in on CSU. BMO Capital Markets upped their target price on shares of Constellation Software from C$4,900.00 to C$5,500.00 in a report on Monday. TD Securities boosted their price target on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a research note on Monday, November 11th. CIBC boosted their price target on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a research note on Monday. UBS Group upgraded shares of Constellation Software to a “strong-buy” rating in a research note on Thursday, November 21st. Finally, Raymond James boosted their price target on shares of Constellation Software from C$4,550.00 to C$5,250.00 in a research note on Monday. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$5,283.33.

Constellation Software Trading Up 0.7 %

Shares of Constellation Software stock opened at C$4,754.94 on Monday. The company has a market capitalization of C$71.86 billion, a P/E ratio of 112.98, a P/E/G ratio of 2.95 and a beta of 0.81. The company has a debt-to-equity ratio of 169.83, a quick ratio of 0.55 and a current ratio of 0.93. The company has a fifty day moving average of C$4,699.26 and a 200 day moving average of C$4,527.09. Constellation Software has a fifty-two week low of C$3,535.00 and a fifty-two week high of C$5,040.00.

Constellation Software Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were given a dividend of $1.353 per share. This represents a $5.41 annualized dividend and a dividend yield of 0.11%. The ex-dividend date of this dividend was Friday, December 20th. Constellation Software’s dividend payout ratio is 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.