Brokerages Set Constellation Software Inc. (TSE:CSU) Target Price at C$4,334.28

Shares of Constellation Software Inc. (TSE:CSU - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the seven research firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$4,334.28.

A number of brokerages have issued reports on CSU. 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. CIBC lifted their target price on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a report on Monday, March 10th. BMO Capital Markets upped their price target on shares of Constellation Software from C$4,900.00 to C$5,500.00 in a report on Monday, March 10th. Finally, Royal Bank of Canada set a C$5.70 price objective on Constellation Software and gave the stock an "outperform" rating in a research report on Friday, March 21st.

Constellation Software Stock Down 0.2 %

Shares of TSE:CSU traded down C$7.43 on Friday, reaching C$4,557.37. The company had a trading volume of 70,620 shares, compared to its average volume of 36,310. The stock has a market capitalization of C$68.87 billion, a P/E ratio of 108.29, a P/E/G ratio of 2.95 and a beta of 0.81. The stock has a 50-day moving average price of C$4,776.52 and a 200 day moving average price of C$4,559.01. Constellation Software has a twelve month low of C$3,535.00 and a twelve month high of C$5,040.00. The company has a quick ratio of 0.55, a current ratio of 0.93 and a debt-to-equity ratio of 169.83.

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Constellation Software Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, March 28th. This represents a $4.00 annualized dividend and a dividend yield of 0.09%. Constellation Software's dividend payout ratio (DPR) 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.