Constellation Software Inc. (TSE:CSU) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Constellation Software Inc. (TSE:CSU) have been given a consensus rating of “Moderate Buy” by the seven research firms that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is C$4,875.00.

CSU has been the topic of a number of analyst reports. UBS Group raised shares of Constellation Software to a “strong-buy” rating in a research note on Thursday, November 21st. CIBC upped their price objective on Constellation Software from C$4,800.00 to C$5,300.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Raymond James raised their target price on Constellation Software from C$4,250.00 to C$4,550.00 in a research note on Monday, November 11th. TD Securities upped their price target on Constellation Software from C$4,500.00 to C$4,800.00 in a research note on Monday, November 11th. Finally, BMO Capital Markets raised 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 Trading Up 0.8 %

Shares of Constellation Software stock opened at C$4,547.45 on Thursday. The company has a debt-to-equity ratio of 151.81, a current ratio of 0.90 and a quick ratio of 0.55. The stock’s 50 day simple moving average is C$4,501.91 and its 200-day simple moving average is C$4,287.09. The stock has a market cap of C$96.36 billion, a P/E ratio of 107.43, a P/E/G ratio of 2.95 and a beta of 0.81. Constellation Software has a 1-year low of C$3,210.85 and a 1-year high of C$4,879.19.

Constellation Software Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, January 10th will be given a $1.353 dividend. The ex-dividend date of this dividend is Friday, December 20th. This represents a $5.41 annualized dividend and a yield of 0.12%. Constellation Software’s dividend payout ratio is presently 12.95%.

Constellation Software Company Profile

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.