Constellation Software Receives Average Rating of “Buy” from Brokerages (TSE:CSU)
Constellation Software (TSE:CSU) has earned a consensus recommendation of “Buy” from the ten ratings firms that are currently covering the company, Analyst Ratings Network reports. Four investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$273.80.
Several analysts have recently commented on the stock. Analysts at Scotiabank raised their price target on shares of Constellation Software from C$283.00 to C$288.00 in a research note on Tuesday, July 29th. They now have a “sector perform” rating on the stock.
Shares of Constellation Software (TSE:CSU) opened at 277.93 on Wednesday. Constellation Software has a 52 week low of $156.87 and a 52 week high of $284.72. The stock has a 50-day moving average of $257.6 and a 200-day moving average of $251.6. The company has a market cap of $5.908 billion and a price-to-earnings ratio of 56.18.
The company also recently announced a quarterly dividend, which is scheduled for Friday, October 3rd. Shareholders of record on Wednesday, September 17th will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 1.44%.
Constellation Software Inc (TSE:CSU) acquires, manages and builds vertical market software (VMS) businesses.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.