Constellation Software Inc. (TSE:CSU) Receives C$4,693.67 Average Target Price from Brokerages

Constellation Software Inc. (TSE:CSU - Get Free Report) has been given an average rating of "Buy" by the seven ratings firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$4,693.67.

CSU has been the subject of several recent research reports. Raymond James boosted their price target on Constellation Software from C$4,550.00 to C$5,250.00 in a research note on Monday, March 10th. BMO Capital Markets boosted their price target on Constellation Software from C$5,500.00 to C$5,700.00 in a research note on Thursday, May 22nd. TD Securities boosted their price target on Constellation Software from C$5,500.00 to C$5,600.00 and gave the company a "buy" rating in a research note on Thursday, May 22nd. Jefferies Financial Group boosted their price target on Constellation Software from C$5,350.00 to C$5,850.00 and gave the company a "buy" rating in a research note on Thursday, May 22nd. Finally, CIBC upped their target price on Constellation Software from C$5,300.00 to C$5,450.00 in a research report on Monday, March 10th.

Constellation Software Stock Down 1.9%

Shares of TSE CSU traded down C$93.90 during trading hours on Thursday, hitting C$4,829.99. The stock had a trading volume of 18,535 shares, compared to its average volume of 35,863. The company has a market capitalization of C$72.99 billion, a P/E ratio of 114.76, a P/E/G ratio of 2.95 and a beta of 0.81. The firm's 50-day moving average price is C$4,865.35 and its two-hundred day moving average price is C$4,725.85. Constellation Software has a 52 week low of C$3,720.00 and a 52 week 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 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 11th. Stockholders of record on Friday, July 11th will be given a $1.00 dividend. The ex-dividend date is Friday, June 20th. This represents a $4.00 annualized dividend and a dividend yield of 0.08%. Constellation Software's dividend payout ratio is 13.02%.

About Constellation Software

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.