National Bank Financial Increases Constellation Software (TSE:CSU) Price Target to C$3,400.00

Constellation Software (TSE:CSU) had its price objective boosted by National Bank Financial from C$3,200.00 to C$3,400.00 in a research report issued on Tuesday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bank Financial’s target price points to a potential upside of 15.65% from the company’s current price.

Several other equities analysts also recently weighed in on CSU. TD Securities cut their price target on shares of Constellation Software from C$5,700.00 to C$5,300.00 in a report on Monday, November 10th. BMO Capital Markets lowered their price target on Constellation Software from C$4,600.00 to C$4,200.00 in a research report on Tuesday. Jefferies Financial Group cut their target price on shares of Constellation Software from C$5,850.00 to C$4,500.00 in a research note on Monday, November 10th. Royal Bank Of Canada decreased their price objective on Constellation Software from C$5,600.00 to C$4,800.00 and set an “outperform” rating on the stock in a report on Monday, January 26th. Finally, Raymond James Financial dropped their price target on Constellation Software from C$4,300.00 to C$3,700.00 and set a “market perform” rating for the company in a research report on Tuesday. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Constellation Software currently has an average rating of “Moderate Buy” and an average target price of C$4,187.14.

Constellation Software Stock Down 1.2%

Shares of CSU traded down C$35.00 during trading hours on Tuesday, hitting C$2,940.00. The company had a trading volume of 53,972 shares, compared to its average volume of 113,056. The company’s fifty day moving average price is C$2,731.98 and its two-hundred day moving average price is C$3,396.86. Constellation Software has a one year low of C$2,196.00 and a one year high of C$5,300.00. The company has a current ratio of 1.02, a quick ratio of 0.55 and a debt-to-equity ratio of 156.85. The company has a market capitalization of C$62.30 billion, a PE ratio of 90.74, a price-to-earnings-growth ratio of 2.95 and a beta of 0.33.

Constellation Software (TSE:CSU) last released its quarterly earnings results on Monday, March 9th. The company reported C$7.12 earnings per share (EPS) for the quarter. Constellation Software had a net margin of 6.16% and a return on equity of 21.78%. The business had revenue of C$4.19 billion for the quarter. As a group, equities analysts forecast that Constellation Software will post 55.4616354 earnings per share for the current fiscal year.

About Constellation Software

Constellation Software is an international provider of market-leading software and services to a number of industries. Our mission is to acquire, manage and build market-leading software businesses that develop specialized, mission-critical software solutions to address the specific needs of our particular industries. Our company was founded in 1995 to assemble a portfolio of vertical market software companies that have the potential to be leaders in their particular market. Since then, we have grown rapidly through a combination of acquisitions and organic growth, and established a strong constellation of companies with a large, diverse customer base.