UBS Group Cuts Constellation Software (TSE:CSU) Price Target to C$4,250.00

Constellation Software (TSE:CSU) had its price objective cut by UBS Group from C$4,500.00 to C$4,250.00 in a note issued to investors on Tuesday,BayStreet.CA reports. UBS Group’s price objective indicates a potential upside of 73.19% from the stock’s current price.

CSU has been the subject of a number of other reports. TD Securities upped their price target on Constellation Software from C$4,000.00 to C$4,100.00 and gave the company a “buy” rating in a research report on Tuesday, March 10th. Royal Bank Of Canada reduced 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 research report on Monday, January 26th. Raymond James Financial lowered their price objective on Constellation Software from C$4,300.00 to C$3,700.00 and set a “market perform” rating on the stock in a research note on Tuesday, March 10th. Canadian Imperial Bank of Commerce dropped their target price on Constellation Software from C$4,688.00 to C$4,610.00 and set an “outperform” rating for the company in a report on Tuesday, March 10th. Finally, National Bank Financial raised their target price on Constellation Software from C$3,200.00 to C$3,400.00 and gave the stock a “sector perform” rating in a research note on Tuesday, March 10th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$4,195.00.

Constellation Software Price Performance

Shares of TSE:CSU traded up C$67.23 during midday trading on Tuesday, hitting C$2,454.00. The company’s stock had a trading volume of 24,970 shares, compared to its average volume of 105,627. The company has a market cap of C$52.01 billion, a P/E ratio of 101.61, a price-to-earnings-growth ratio of 2.95 and a beta of 0.33. Constellation Software has a 12-month low of C$2,196.00 and a 12-month high of C$5,300.00. The business’s 50 day simple moving average is C$2,540.25 and its 200 day simple moving average is C$3,187.83. The company has a debt-to-equity ratio of 161.87, a quick ratio of 0.55 and a current ratio of 0.96.

Constellation Software (TSE:CSU) last released its quarterly earnings data on Monday, March 9th. The company reported C$7.12 EPS for the quarter. Constellation Software had a net margin of 4.40% and a return on equity of 15.35%. The company had revenue of C$4.19 billion during the quarter. On average, analysts forecast that Constellation Software will post 55.4616354 EPS for the current year.

Constellation Software Company Profile

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.