Constellation Software (TSE:CSU) Given New C$5,400.00 Price Target at BMO Capital Markets

Key Points

• BMO Capital Markets has lowered Constellation Software's price target from C$5,700.00 to C$5,400.00, indicating a potential upside of 11.01% from the current price.
• Other analysts have mixed opinions, with TD Securities raising their target to C$5,600.00 and Jefferies Financial Group increasing it to C$5,850.00, while the stock has an overall average rating of "Buy."
• Constellation Software's current share price is around C$4,864.40, and the company has a market cap of C$73.51 billion with a PE ratio of 115.58.

Constellation Software (TSE:CSU - Get Free Report) had its price objective decreased by analysts at BMO Capital Markets from C$5,700.00 to C$5,400.00 in a research report issued on Monday,BayStreet.CA reports. BMO Capital Markets' price objective points to a potential upside of 19.20% from the company's current price.

A number of other research firms also recently issued reports on CSU. TD Securities raised their target price on Constellation Software from C$5,500.00 to C$5,600.00 and gave the stock a "buy" rating in a research report on Thursday, May 22nd. Jefferies Financial Group raised their target price on Constellation Software from C$5,350.00 to C$5,850.00 and gave the stock a "buy" rating in a research report on Thursday, May 22nd. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of C$5,521.43.

Constellation Software Stock Performance

Shares of CSU traded up C$22.52 on Monday, reaching C$4,530.10. 13,435 shares of the company's stock traded hands, compared to its average volume of 34,048. The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 169.83. The stock has a market cap of C$68.46 billion, a PE ratio of 107.64, a PEG ratio of 2.95 and a beta of 0.81. The stock's 50 day simple moving average is C$4,874.49 and its two-hundred day simple moving average is C$4,831.01. Constellation Software has a 52-week low of C$4,092.69 and a 52-week high of C$5,300.00.

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.