Constellation Software (TSE:CSU) Stock Price Expected to Rise, TD Securities Analyst Says

Constellation Software (TSE:CSU) had its price target boosted by TD Securities from C$4,000.00 to C$5,300.00 in a research report issued on Thursday,BayStreet.CA reports. TD Securities’ target price points to a potential upside of 120.63% from the stock’s current price.

CSU has been the subject of a number of other reports. Canadian Imperial Bank of Commerce reduced their price target on shares of Constellation Software from C$5,260.00 to C$4,668.00 in a research report on Friday, January 16th. Royal Bank Of Canada lowered their target price on 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. Raymond James Financial reduced their price target on Constellation Software from C$5,250.00 to C$4,300.00 in a research report on Monday, November 10th. National Bank Financial cut their target price on shares of Constellation Software from C$4,500.00 to C$3,200.00 and set a “sector perform” rating for the company in a report on Thursday, January 22nd. Finally, Jefferies Financial Group dropped their target price on Constellation Software from C$5,850.00 to C$4,500.00 in a research report on Monday, November 10th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$4,481.14.

Constellation Software Stock Performance

Shares of TSE:CSU traded up C$25.23 on Thursday, hitting C$2,402.21. 57,424 shares of the company were exchanged, compared to its average volume of 111,540. Constellation Software has a 1-year low of C$2,196.00 and a 1-year high of C$5,300.00. The stock’s 50 day moving average price is C$2,915.51 and its 200 day moving average price is C$3,580.79. The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 169.83. The firm has a market capitalization of C$50.91 billion, a P/E ratio of 74.14, a price-to-earnings-growth ratio of 2.95 and a beta of 0.10.

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.