BMO Capital Markets Forecasts Strong Price Appreciation for Constellation Software (TSE:CSU) Stock

Constellation Software (TSE:CSU) had its target price raised by stock analysts at BMO Capital Markets from C$4,900.00 to C$5,500.00 in a report issued on Monday,BayStreet.CA reports. BMO Capital Markets’ price objective indicates a potential upside of 14.65% from the company’s current price.

A number of other equities analysts also recently commented on CSU. CIBC raised their target price on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a research note on Monday. Raymond James raised their price objective on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a report on Monday, November 11th. TD Securities raised their price objective on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a report on Monday, November 11th. Finally, UBS Group raised shares of Constellation Software to a “strong-buy” rating in a report on Thursday, November 21st. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$5,283.33.

Constellation Software Trading Down 3.0 %

Shares of CSU traded down C$150.86 on Monday, hitting C$4,797.33. 36,395 shares of the stock traded hands, compared to its average volume of 31,835. The company has a quick ratio of 0.55, a current ratio of 0.93 and a debt-to-equity ratio of 169.83. The firm has a market capitalization of C$72.50 billion, a P/E ratio of 113.99, a P/E/G ratio of 2.95 and a beta of 0.81. Constellation Software has a 1 year low of C$3,535.00 and a 1 year high of C$5,040.00. The stock’s 50 day moving average is C$4,681.03 and its two-hundred day moving average is C$4,517.17.

About Constellation Software

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. Its operations are organized in two segments: Public Sector and Private Sector. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care.