BMO Capital Markets Increases Constellation Software (TSE:CSU) Price Target to C$5,500.00

Constellation Software (TSE:CSU - Free Report) had its price target boosted by BMO Capital Markets from C$4,900.00 to C$5,500.00 in a report released on Monday,BayStreet.CA reports.

Several other brokerages have also recently commented on CSU. Raymond James increased their price target on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a research report on Monday, November 11th. UBS Group raised shares of Constellation Software to a "strong-buy" rating in a research report on Thursday, November 21st. TD Securities increased their price target on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a research report on Monday, November 11th. Finally, CIBC increased their price target on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a research report on Monday. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of C$5,283.33.

Constellation Software Stock Up 1.5 %

TSE:CSU traded up C$69.42 on Monday, reaching C$4,698.01. The stock had a trading volume of 11,880 shares, compared to its average volume of 32,875. 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 company has a 50-day moving average of C$4,703.03 and a 200 day moving average of C$4,527.80. The stock has a market cap of C$71.00 billion, a P/E ratio of 111.63, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. Constellation Software has a 12-month low of C$3,535.00 and a 12-month high of C$5,040.00.

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Constellation Software Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were paid a dividend of $1.353 per share. The ex-dividend date was Friday, December 20th. This represents a $5.41 annualized dividend and a yield of 0.12%. Constellation Software's dividend payout ratio (DPR) is 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.