Constellation Software (TSE:CSU) Price Target Raised to C$5,300.00 at CIBC

Constellation Software (TSE:CSU) had its price objective increased by research analysts at CIBC from C$4,800.00 to C$5,300.00 in a research note issued to investors on Monday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. CIBC’s price objective would suggest a potential upside of 12.74% from the company’s previous close.

A number of other brokerages also recently weighed in on CSU. Raymond James raised their price objective on Constellation Software from C$4,250.00 to C$4,550.00 in a research note on Monday, November 11th. TD Securities upped their price objective on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a research report on Monday, November 11th. UBS Group raised shares of Constellation Software to a “strong-buy” rating in a research report on Thursday, November 21st. National Bankshares upped their price objective on shares of Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Finally, BMO Capital Markets upped their target price on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research note on Monday, November 11th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Constellation Software presently has a consensus rating of “Moderate Buy” and an average target price of C$4,875.00.

Constellation Software Stock Performance

Shares of Constellation Software stock traded up C$2.44 on Monday, reaching C$4,701.10. 9,571 shares of the company were exchanged, compared to its average volume of 29,611. Constellation Software has a 1-year low of C$3,148.70 and a 1-year high of C$4,879.19. The company has a debt-to-equity ratio of 151.81, a quick ratio of 0.55 and a current ratio of 0.90. The firm has a market cap of C$99.62 billion, a price-to-earnings ratio of 111.06, a P/E/G ratio of 2.95 and a beta of 0.81. The company’s 50-day moving average is C$4,448.36 and its two-hundred day moving average is C$4,218.32.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.