Constellation Software (TSE:CSU) Given New C$5,700.00 Price Target at TD Securities

Key Points

• TD Securities has raised its price target for Constellation Software from C$5,600.00 to C$5,700.00, indicating a potential upside of 17.18% from the current stock price.
• Other analysts have mixed opinions, with BMO Capital Markets lowering their target to C$5,400.00 while Jefferies Financial Group increased theirs to C$5,850.00, contributing to a consensus rating of "Buy."
• Constellation Software's stock showed a trading increase of 5.7% on Monday, reaching C$4,864.40, despite having a high PE ratio and notable debt-to-equity ratio.

Constellation Software (TSE:CSU - Free Report) had its price target lifted by TD Securities from C$5,600.00 to C$5,700.00 in a research report released on Monday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Several other research analysts have also recently commented on CSU. BMO Capital Markets reduced their target price on shares of Constellation Software from C$5,700.00 to C$5,400.00 in a report on Monday. Jefferies Financial Group increased their target price on shares of Constellation Software from C$5,350.00 to C$5,850.00 and gave the stock a "buy" rating in a report on Thursday, May 22nd. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of C$5,521.43.

Constellation Software Stock Down 5.6%

Shares of CSU stock traded down C$250.90 during trading hours on Monday, hitting C$4,256.68. 83,383 shares of the company were exchanged, compared to its average volume of 34,504. The business has a 50 day moving average of C$4,861.66 and a two-hundred day moving average of C$4,828.68. The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 169.83. Constellation Software has a 52 week low of C$4,092.69 and a 52 week high of C$5,300.00. The company has a market capitalization of C$64.33 billion, a PE ratio of 101.14, a PEG ratio of 2.95 and a beta of 0.81.

Constellation Software Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Friday, July 11th were paid a $1.00 dividend. The ex-dividend date was Friday, June 20th. This represents a $4.00 dividend on an annualized basis and a yield of 0.1%. 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.