Constellation Software Inc. (TSE:CSU) Given Average Rating of “Hold” by Analysts
Shares of Constellation Software Inc. (TSE:CSU) have been given an average rating of “Hold” by the seven research firms that are covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$686.00.
Several brokerages have weighed in on CSU. Royal Bank Of Canada raised their price objective on Constellation Software from C$725.00 to C$750.00 and gave the company an “outperform” rating in a research note on Friday, July 28th. Raymond James Financial, Inc. raised their price objective on Constellation Software from C$615.00 to C$670.00 and gave the company a “market perform” rating in a research note on Friday, July 28th. Barclays PLC raised their price objective on Constellation Software from C$674.00 to C$700.00 in a research note on Friday, July 28th. Scotiabank reaffirmed a “sector perform” rating and set a C$650.00 target price on shares of Constellation Software in a research report on Friday, April 21st. Finally, CIBC raised their target price on Constellation Software from C$620.00 to C$650.00 in a research report on Monday, May 1st.
Shares of Constellation Software (TSE CSU) opened at 691.08 on Monday. The company has a market cap of $14.64 billion and a P/E ratio of 65.20. The company’s 50 day moving average is $678.85 and its 200-day moving average is $655.94. Constellation Software has a 12 month low of $530.42 and a 12 month high of $724.50.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 4th. Investors of record on Friday, September 15th will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 0.58%. The ex-dividend date of this dividend is Thursday, September 14th.
In other Constellation Software news, Director Ian Murray Mckinnon sold 1,000 shares of the firm’s stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of C$698.00, for a total value of C$698,000.00.
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Constellation Software Company Profile
Constellation Software Inc, together with its subsidiaries, engages in the development, installation, and customizations of software to various industries in the public and private sector markets primarily in the United States, Canada, the United Kingdom, Europe, and internationally. The company operates through two segments, Public Sector and Private Sector.
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