Constellation Software (TSE:CSU) Given New C$5,300.00 Price Target at TD Securities

Constellation Software (TSE:CSU) had its price objective raised by TD Securities from C$4,000.00 to C$5,300.00 in a research note published on Thursday,BayStreet.CA reports.

CSU has been the topic of a number of other research reports. Royal Bank Of Canada dropped 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. Jefferies Financial Group dropped their price target on shares of Constellation Software from C$5,850.00 to C$4,500.00 in a research note on Monday, November 10th. Desjardins upgraded shares of Constellation Software to a “moderate buy” rating in a report on Thursday, October 30th. Raymond James Financial decreased their price objective on shares of Constellation Software from C$5,250.00 to C$4,300.00 in a report on Monday, November 10th. Finally, Canadian Imperial Bank of Commerce lowered their target price on shares of Constellation Software from C$5,260.00 to C$4,668.00 in a research report on Friday, January 16th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Constellation Software presently has an average rating of “Moderate Buy” and a consensus price target of C$4,481.14.

Constellation Software Stock Performance

Shares of TSE CSU opened at C$2,415.33 on Thursday. The company has a debt-to-equity ratio of 169.83, a current ratio of 0.93 and a quick ratio of 0.55. Constellation Software has a one year low of C$2,196.00 and a one year high of C$5,300.00. The business’s 50-day moving average price is C$2,898.66 and its two-hundred day moving average price is C$3,572.69. The company has a market capitalization of C$51.19 billion, a P/E ratio of 74.55, a price-to-earnings-growth ratio of 2.95 and a beta of 0.10.

Constellation Software Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 12th. Investors of record on Monday, January 12th were paid a dividend of $1.00 per share. The ex-dividend date was Friday, December 19th. This represents a $4.00 annualized dividend and a yield of 0.2%. Constellation Software’s dividend payout ratio is presently 12.35%.

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.