Constellation Software (TSE:CSU – Get Free Report) has been assigned a C$4,400.00 price target by equities research analysts at Royal Bank Of Canada in a research note issued to investors on Wednesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 42.23% from the stock’s previous close.
A number of other equities analysts also recently weighed in on CSU. BMO Capital Markets cut their price target on shares of Constellation Software from C$4,200.00 to C$3,500.00 and set an “outperform” rating on the stock in a report on Wednesday, May 13th. TD increased their price objective on Constellation Software from C$4,100.00 to C$4,200.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. Desjardins lifted their target price on Constellation Software from C$3,800.00 to C$3,900.00 and gave the company a “buy” rating in a report on Monday, August 10th. Canadian Imperial Bank of Commerce lowered their price target on shares of Constellation Software from C$4,080.00 to C$4,000.00 in a report on Thursday, May 14th. Finally, National Bank Financial upped their target price on shares of Constellation Software from C$3,500.00 to C$3,700.00 and gave the stock an “outperform” rating in a report on Thursday, August 13th. Eight analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$3,884.40.
Read Our Latest Research Report on Constellation Software
Constellation Software Stock Up 0.5%
Constellation Software (TSE:CSU – Get Free Report) last released its quarterly earnings results on Tuesday, August 11th. The company reported C$18.37 EPS for the quarter. The business had revenue of C$4.74 billion during the quarter. Constellation Software had a return on equity of 25.24% and a net margin of 7.57%. Research analysts anticipate that Constellation Software will post 55.4616354 EPS for the current fiscal year.
Insider Activity at Constellation Software
In related news, Director Jamal Nizam Baksh sold 285 shares of Constellation Software stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of C$2,754.86, for a total value of C$785,135.10. Following the transaction, the director owned 1,307 shares in the company, valued at C$3,600,602.02. This trade represents a 17.90% decrease in their position. Corporate insiders own 5.69% of the company’s stock.
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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