Constellation Software (TSE:CSU) Price Target Raised to C$4,200.00 at TD

Constellation Software (TSE:CSU) had its price target raised by analysts at TD from C$4,100.00 to C$4,200.00 in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD’s price target points to a potential upside of 63.93% from the company’s previous close.

CSU has been the topic of a number of other reports. TD Securities raised their target price on shares of Constellation Software from C$4,000.00 to C$4,100.00 and gave the company a “buy” rating in a research note on Tuesday, March 10th. Royal Bank Of Canada lowered their target price on shares of Constellation Software from C$5,600.00 to C$4,800.00 and set an “outperform” rating on the stock in a research note on Monday, January 26th. BMO Capital Markets decreased their price target on shares of Constellation Software from C$4,200.00 to C$3,500.00 and set an “outperform” rating on the stock in a research report on Wednesday. Canadian Imperial Bank of Commerce decreased their price target on shares of Constellation Software from C$4,080.00 to C$4,000.00 in a research report on Thursday. Finally, National Bank Financial raised their price target on shares of Constellation Software from C$3,200.00 to C$3,400.00 and gave the stock a “sector perform” rating in a research report on Tuesday, March 10th. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of C$3,945.00.

Constellation Software Stock Performance

TSE:CSU traded up C$94.47 during midday trading on Thursday, reaching C$2,562.00. The stock had a trading volume of 25,735 shares, compared to its average volume of 91,025. Constellation Software has a 1-year low of C$2,196.00 and a 1-year high of C$5,124.90. The firm’s fifty day simple moving average is C$2,530.82 and its 200-day simple moving average is C$2,873.27. The company has a debt-to-equity ratio of 161.87, a current ratio of 0.96 and a quick ratio of 0.55. The stock has a market capitalization of C$54.29 billion, a P/E ratio of 106.09, a PEG ratio of 2.95 and a beta of 0.39.

Constellation Software (TSE:CSU) last posted its earnings results on Tuesday, May 12th. The company reported C$24.08 earnings per share (EPS) for the quarter. Constellation Software had a net margin of 4.40% and a return on equity of 15.35%. The business had revenue of C$4.42 billion for the quarter. On average, equities research analysts forecast that Constellation Software will post 55.4616354 EPS 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.