Desjardins Lowers Constellation Software (TSE:CSU) Price Target to C$3,800.00

Constellation Software (TSE:CSU) had its price target cut by analysts at Desjardins from C$3,900.00 to C$3,800.00 in a research note issued on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Desjardins’ target price would indicate a potential upside of 48.32% from the company’s current price.

A number of other analysts have also commented on CSU. UBS Group cut their price objective on shares of Constellation Software from C$4,500.00 to C$4,250.00 in a research report on Tuesday, March 31st. National Bank Financial boosted their price objective on shares of Constellation Software from C$3,200.00 to C$3,400.00 and gave the stock a “sector perform” rating in a research report on Tuesday, March 10th. TD Securities boosted their price objective on shares of Constellation Software from C$4,000.00 to C$4,100.00 and gave the stock a “buy” rating in a research report on Tuesday, March 10th. TD boosted their price objective on shares of Constellation Software from C$4,100.00 to C$4,200.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, BMO Capital Markets cut their price objective on shares of Constellation Software from C$4,200.00 to C$3,500.00 and set an “outperform” rating on the stock in a research report on Wednesday. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Constellation Software currently has an average rating of “Moderate Buy” and an average price target of C$3,945.00.

Constellation Software Stock Up 3.8%

Shares of CSU stock traded up C$94.47 during trading on Thursday, reaching C$2,562.00. The company’s stock had a trading volume of 25,735 shares, compared to its average volume of 91,025. The business has a fifty day moving average price of C$2,530.82 and a 200-day moving average price of C$2,873.27. The company has a quick ratio of 0.55, a current ratio of 0.96 and a debt-to-equity ratio of 161.87. The company has a market cap of C$54.29 billion, a price-to-earnings ratio of 106.09, a price-to-earnings-growth ratio of 2.95 and a beta of 0.39. Constellation Software has a one year low of C$2,196.00 and a one year high of C$5,124.90.

Constellation Software (TSE:CSU) last announced its quarterly earnings data on Tuesday, May 12th. The company reported C$24.08 EPS for the quarter. The business had revenue of C$4.42 billion for the quarter. Constellation Software had a net margin of 4.40% and a return on equity of 15.35%. Analysts anticipate that Constellation Software will post 55.4616354 earnings per share 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.