BMO Capital Markets Lowers Constellation Software (TSE:CSU) Price Target to C$3,500.00

Constellation Software (TSE:CSUGet Free Report) had its price target lowered by equities researchers at BMO Capital Markets from C$4,200.00 to C$3,500.00 in a research note issued to investors on Wednesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price objective would indicate a potential upside of 43.08% from the company’s current price.

Other equities analysts also recently issued reports about the company. National Bank Financial lifted their target price on Constellation Software from C$3,200.00 to C$3,400.00 and gave the company a “sector perform” rating in a research note on Tuesday, March 10th. TD Securities lifted their price target 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. Canadian Imperial Bank of Commerce cut their price target on Constellation Software from C$4,610.00 to C$4,080.00 in a report on Friday, April 17th. Royal Bank Of Canada cut their price target on Constellation Software from C$5,600.00 to C$4,800.00 and set an “outperform” rating on the stock in a report on Monday, January 26th. Finally, UBS Group cut their price target on Constellation Software from C$4,500.00 to C$4,250.00 in a report on Tuesday, March 31st. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of C$3,978.75.

View Our Latest Stock Analysis on CSU

Constellation Software Stock Performance

CSU stock traded up C$41.20 during midday trading on Wednesday, reaching C$2,446.20. The company had a trading volume of 32,387 shares, compared to its average volume of 91,407. The company has a quick ratio of 0.55, a current ratio of 0.96 and a debt-to-equity ratio of 161.87. The stock has a 50 day moving average price of C$2,532.80 and a 200 day moving average price of C$2,882.14. Constellation Software has a fifty-two week low of C$2,196.00 and a fifty-two week high of C$5,124.90. The firm has a market capitalization of C$51.84 billion, a PE ratio of 101.29, a P/E/G ratio of 2.95 and a beta of 0.39.

Constellation Software (TSE:CSUGet Free Report) last issued its earnings results on Tuesday, May 12th. The company reported C$24.08 EPS for the quarter. Constellation Software had a return on equity of 15.35% and a net margin of 4.40%.The company had revenue of C$4.42 billion during the quarter. Analysts anticipate that Constellation Software will post 55.4616354 earnings per share for the current year.

Constellation Software Company Profile

(Get Free Report)

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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