Q4 2017 EPS Estimates for Constellation Software Inc. Cut by Analyst (CSU)

Constellation Software Inc. (TSE:CSU) – Analysts at National Bank Financial cut their Q4 2017 EPS estimates for shares of Constellation Software in a research report issued on Monday. National Bank Financial analyst R. Tse now expects that the company will post earnings of $7.97 per share for the quarter, down from their prior forecast of $8.29. National Bank Financial currently has a “Sector Perform” rating and a $800.00 target price on the stock.

CSU has been the topic of several other research reports. BMO Capital Markets upped their price objective on Constellation Software from C$715.00 to C$775.00 and gave the company a “market perform” rating in a research note on Monday, October 30th. Barclays upped their price objective on Constellation Software from C$700.00 to C$770.00 in a research note on Monday, October 30th. Royal Bank of Canada upped their price objective on Constellation Software from C$700.00 to C$850.00 and gave the company an “outperform” rating in a research note on Thursday, October 19th. CIBC upped their price objective on Constellation Software from C$765.00 to C$800.00 and gave the company a “neutral” rating in a research note on Wednesday, January 17th. Finally, Scotiabank upped their price objective on Constellation Software from C$700.00 to C$740.00 and gave the company a “sector perform” rating in a research note on Monday, October 30th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of C$802.86.

Constellation Software (TSE CSU) opened at C$795.11 on Thursday. Constellation Software has a 12 month low of C$575.22 and a 12 month high of C$810.46. The company has a market capitalization of $16,760.00, a P/E ratio of 64.59 and a beta of 0.52.

In related news, Director Lawrence Cunningham bought 100 shares of the company’s stock in a transaction on Tuesday, January 16th. The shares were purchased at an average price of C$618.00 per share, for a total transaction of C$61,800.00.

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Constellation Software Company Profile

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.

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