Constellation Software Inc. (TSE:CSU) Receives C$4,875.00 Average Target Price from Brokerages

Constellation Software Inc. (TSE:CSU - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the seven research firms that are covering the company, Marketbeat reports. Two analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$4,875.00.

CSU has been the subject of a number of research reports. TD Securities upped their target price on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a report on Monday, November 11th. National Bankshares upped their price objective on Constellation Software from C$4,800.00 to C$5,000.00 and gave the stock an "outperform" rating in a research note on Thursday, October 24th. UBS Group upgraded Constellation Software to a "strong-buy" rating in a research report on Thursday, November 21st. Raymond James upped their price target on Constellation Software from C$4,250.00 to C$4,550.00 in a research report on Monday, November 11th. Finally, BMO Capital Markets lifted their price objective on Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday, November 11th.

Constellation Software Stock Performance

Shares of TSE CSU traded up C$22.90 during trading on Monday, reaching C$4,298.37. 35,061 shares of the company traded hands, compared to its average volume of 39,411. The firm has a 50 day simple moving average of C$4,515.93 and a 200-day simple moving average of C$4,341.49. Constellation Software has a 52-week low of C$3,533.69 and a 52-week high of C$4,879.19. The stock has a market capitalization of C$91.08 billion, a PE ratio of 101.54, 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 0.90 and a debt-to-equity ratio of 151.81.

Constellation Software Cuts Dividend

The firm also recently announced 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. This represents a $5.41 annualized dividend and a yield of 0.13%. The ex-dividend date of this dividend was Friday, December 20th. Constellation Software's dividend payout ratio (DPR) is presently 12.95%.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.