Constellation Software Inc. (TSE:CSU) Given Consensus Rating of “Buy” by Brokerages

Shares of Constellation Software Inc. (TSE:CSU) have been assigned a consensus rating of “Buy” from the seven research firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is C$4,693.67.

A number of research firms recently commented on CSU. Jefferies Financial Group increased their price objective 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. CIBC boosted their price objective on Constellation Software from C$5,300.00 to C$5,450.00 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 report on Friday, March 21st. Raymond James upped their target price on Constellation Software from C$4,550.00 to C$5,250.00 in a research report on Monday, March 10th. Finally, TD Securities upped 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 report on Thursday, May 22nd.

Constellation Software Stock Up 0.3%

Constellation Software stock opened at C$4,842.24 on Thursday. The stock’s fifty day moving average is C$4,876.51 and its two-hundred day moving average is C$4,726.79. The firm has a market capitalization of C$73.18 billion, a price-to-earnings ratio of 115.06, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. Constellation Software has a fifty-two week low of C$3,720.00 and a fifty-two 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 announced a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Friday, July 11th will be given a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 0.08%. The ex-dividend date of this dividend is Friday, June 20th. Constellation Software’s dividend payout ratio is currently 13.02%.

Constellation Software Company Profile

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.