Constellation Software Inc. (CSU) Given Consensus Recommendation of “Hold” by Analysts
Shares of Constellation Software Inc. (TSE:CSU) have earned an average rating of “Hold” from the seven brokerages that are currently covering the firm. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$662.00.
Several brokerages recently issued reports on CSU. CIBC increased their price target on shares of Constellation Software from C$620.00 to C$650.00 in a research note on Monday, May 1st. BMO Capital Markets increased their price target on shares of Constellation Software from C$635.00 to C$655.00 in a research note on Friday, February 17th. Royal Bank of Canada reiterated an “outperform” rating and issued a C$700.00 price target on shares of Constellation Software in a research note on Monday, April 3rd. Scotiabank reiterated a “sector perform” rating and issued a C$650.00 price target on shares of Constellation Software in a research note on Friday, April 21st. Finally, Raymond James Financial, Inc. increased their price target on shares of Constellation Software from C$600.00 to C$615.00 and gave the stock a “market perform” rating in a research note on Friday, February 17th.
COPYRIGHT VIOLATION NOTICE: This news story was posted by American Banking News and is owned by of American Banking News. If you are reading this news story on another domain, it was illegally copied and reposted in violation of US & international trademark and copyright law. The legal version of this news story can be accessed at https://www.americanbankingnews.com/2017/05/19/constellation-software-inc-csu-given-consensus-recommendation-of-hold-by-analysts.html.
In other Constellation Software news, insider Barry Alan Symons sold 1,000 shares of the firm’s stock in a transaction dated Thursday, March 2nd. The shares were sold at an average price of C$634.00, for a total transaction of C$634,000.00. Also, insider Jamal Nizam Baksh sold 1,050 shares of the firm’s stock in a transaction dated Wednesday, May 3rd. The shares were sold at an average price of C$665.59, for a total transaction of C$698,869.50.
Constellation Software (TSE:CSU) traded up 0.09% during midday trading on Friday, reaching $676.25. 4,302 shares of the company’s stock traded hands. Constellation Software has a 52-week low of $488.99 and a 52-week high of $699.98. The stock has a market cap of $14.33 billion and a P/E ratio of 62.70. The company’s 50-day moving average price is $653.25 and its 200-day moving average price is $626.37.
About Constellation Software
Constellation Software Inc is engaged in the development, installation and customization of software. The Company acquires, manages and builds vertical market software (VMS) businesses. The Company’s segments include public sector and private sector. The public sector segment develops and distributes software solutions primarily to government and government-related customers.
Receive News & Ratings for Constellation Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Constellation Software Inc. and related companies with MarketBeat.com's FREE daily email newsletter.