Analysts Set Constellation Software Inc. (TSE:CSU) Price Target at C$4,459.28

Shares of Constellation Software Inc. (TSE:CSU - Get Free Report) have been given an average rating of "Buy" by the seven analysts that are 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 1 year target price among brokerages that have covered the stock in the last year is C$4,459.28.

CSU has been the subject of several analyst reports. BMO Capital Markets raised their price objective on shares of Constellation Software from C$4,900.00 to C$5,500.00 in a research note on Monday, March 10th. Royal Bank of Canada set a C$5.70 price objective on shares of Constellation Software and gave the stock an "outperform" rating in a research note on Friday, March 21st. TD Securities raised shares of Constellation Software from a "hold" rating to a "buy" rating and lifted their price target for the company from C$5,250.00 to C$5,550.00 in a research note on Friday, April 11th. Raymond James lifted their price target on shares of Constellation Software from C$4,550.00 to C$5,250.00 in a research note on Monday, March 10th. Finally, CIBC lifted their price target on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a research note on Monday, March 10th.

Constellation Software Trading Up 0.9 %

TSE CSU traded up C$44.30 during trading on Wednesday, hitting C$4,927.71. The stock had a trading volume of 17,473 shares, compared to its average volume of 37,319. 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 stock has a market capitalization of C$74.47 billion, a price-to-earnings ratio of 117.09, a P/E/G 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 stock has a 50 day simple moving average of C$4,699.80 and a 200 day simple moving average of C$4,599.46.

Constellation Software Cuts Dividend

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