Constellation Software Inc. (TSE:CSU) was downgraded by equities researchers at Scotiabank from an “outperform” rating to a “sector perform” rating in a research note issued to investors on Monday. They currently have a C$630.00 target price on the stock. Scotiabank’s price objective points to a potential upside of 2.09% from the company’s current price.

CSU has been the subject of a number of other reports. BMO Capital Markets lifted their price target on shares of Constellation Software from C$530.00 to C$560.00 in a research report on Tuesday, August 2nd. Raymond James Financial Inc. reiterated a “market perform” rating and issued a C$575.00 price target on shares of Constellation Software in a research report on Monday, August 15th. Barclays PLC boosted their price objective on shares of Constellation Software from C$550.00 to C$605.00 in a research report on Friday, October 28th. National Bank Financial restated a “sector perform overweight” rating on shares of Constellation Software in a research report on Monday, September 26th. Finally, RBC Capital Markets boosted their price objective on shares of Constellation Software from C$635.00 to C$700.00 and gave the company an “outperform” rating in a research report on Monday, October 24th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of C$619.38.

Analyst Recommendations for Constellation Software (TSE:CSU)

Shares of Constellation Software (TSE:CSU) opened at 617.12 on Monday. The company has a market capitalization of $13.08 billion and a price-to-earnings ratio of 63.16. The company’s 50-day moving average price is $605.73 and its 200-day moving average price is $548.62. Constellation Software has a 52-week low of $427.99 and a 52-week high of $650.00.

About Constellation Software

Constellation Software Inc is a Canada-based company, which provides enterprise software solutions. The Company acquires, manages and builds vertical market software (VMS) businesses. The Company operates through two segments: public sector and private sector. The public sector segment includes businesses focused on government and government-related customers.

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