Constellation Software Inc. (TSE:CSU) Given Consensus Recommendation of "Buy" by Brokerages

Constellation Software Inc. (TSE:CSU - Get Free Report) has been given a consensus recommendation of "Buy" by the seven brokerages that are currently covering the company, Marketbeat.com reports. One research 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 12 month price target among brokers that have issued a report on the stock in the last year is C$4,459.28.

A number of analysts recently commented on CSU shares. TD Securities raised Constellation Software from a "hold" rating to a "buy" rating and boosted their target price for the company from C$5,250.00 to C$5,550.00 in a research report on Friday, April 11th. BMO Capital Markets upped their target price on Constellation Software from C$4,900.00 to C$5,500.00 in a research report on Monday, March 10th. Royal Bank of Canada set a C$5.70 price target on shares of Constellation Software and gave the company an "outperform" rating in a research report on Friday, March 21st. Raymond James upped their price objective on shares of Constellation Software from C$4,550.00 to C$5,250.00 in a report on Monday, March 10th. Finally, CIBC lifted their price objective on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a report on Monday, March 10th.

Constellation Software Price Performance

Shares of TSE CSU opened at C$4,644.13 on Wednesday. The company has a market capitalization of C$70.18 billion, a PE ratio of 110.35, a P/E/G ratio of 2.95 and a beta of 0.81. The company has a quick ratio of 0.55, a current ratio of 0.93 and a debt-to-equity ratio of 169.83. Constellation Software has a twelve month low of C$3,535.00 and a twelve month high of C$5,040.00. The firm has a fifty day simple moving average of C$4,704.53 and a 200 day simple moving average of C$4,584.69.

Constellation Software Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 0.09%. The ex-dividend date was Friday, March 28th. Constellation Software's dividend payout ratio (DPR) is presently 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.

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