Constellation Software (TSE:CSU) Given New C$4,250.00 Price Target at UBS Group

Key Points

• UBS Group cut its price target on Constellation Software from C$4,500 to C$4,250, implying roughly a 73% upside from the stock's prior close.
• Analyst consensus remains positive: five Buys and two Holds produce a "Moderate Buy" consensus with an average target of C$4,195, while the stock trades near C$2,454 with a C$52.0B market cap and a high P/E (~101.6), underscoring valuation tension versus analyst targets.

Constellation Software (TSE:CSU - Get Free Report) had its price objective reduced by equities researchers at UBS Group from C$4,500.00 to C$4,250.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. UBS Group's target price suggests a potential upside of 73.19% from the stock's previous close.

Several other equities research analysts have also commented on CSU. BMO Capital Markets lowered their price target on shares of Constellation Software from C$4,600.00 to C$4,200.00 in a report on Tuesday, March 10th. Canadian Imperial Bank of Commerce reduced their price objective on Constellation Software from C$4,688.00 to C$4,610.00 and set an "outperform" rating for the company in a research note on Tuesday, March 10th. TD Securities boosted their price objective on Constellation Software from C$4,000.00 to C$4,100.00 and gave the company a "buy" rating in a report on Tuesday, March 10th. Raymond James Financial lowered their target price on Constellation Software from C$4,300.00 to C$3,700.00 and set a "market perform" rating on the stock in a research note on Tuesday, March 10th. Finally, National Bank Financial raised their target price on Constellation Software from C$3,200.00 to C$3,400.00 and gave the stock a "sector perform" rating in a report on Tuesday, March 10th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of C$4,195.00.

Constellation Software Stock Performance

TSE:CSU traded up C$67.23 during trading hours on Tuesday, hitting C$2,454.00. 24,970 shares of the company were exchanged, compared to its average volume of 105,627. The company has a debt-to-equity ratio of 161.87, a current ratio of 0.96 and a quick ratio of 0.55. Constellation Software has a 52-week low of C$2,196.00 and a 52-week high of C$5,300.00. The stock has a market capitalization of C$52.01 billion, a price-to-earnings ratio of 101.61, a PEG ratio of 2.95 and a beta of 0.33. The company's 50 day moving average price is C$2,540.25 and its 200-day moving average price is C$3,187.83.

Constellation Software (TSE:CSU - Get Free Report) last released its earnings results on Monday, March 9th. The company reported C$7.12 earnings per share (EPS) for the quarter. Constellation Software had a return on equity of 15.35% and a net margin of 4.40%.The firm had revenue of C$4.19 billion for the quarter. As a group, research analysts forecast that Constellation Software will post 55.4616354 earnings per share for the current year.

Constellation Software Company Profile

Constellation Software is an international provider of market-leading software and services to a number of industries. Our mission is to acquire, manage and build market-leading software businesses that develop specialized, mission-critical software solutions to address the specific needs of our particular industries. Our company was founded in 1995 to assemble a portfolio of vertical market software companies that have the potential to be leaders in their particular market. Since then, we have grown rapidly through a combination of acquisitions and organic growth, and established a strong constellation of companies with a large, diverse customer base.

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