Constellation Software (CSU) PT Raised to C$900.00 at Royal Bank of Canada

Constellation Software (TSE:CSU) had its target price upped by analysts at Royal Bank of Canada from C$850.00 to C$900.00 in a research note issued on Monday. The brokerage currently has an “outperform” rating on the stock. Royal Bank of Canada’s price target indicates a potential upside of 14.97% from the stock’s previous close.

Other research analysts have also issued reports about the company. National Bank Financial upped their target price on Constellation Software from C$715.00 to C$800.00 and gave the company a “sector perform” rating in a research report on Tuesday, January 30th. BMO Capital Markets set a C$840.00 target price on Constellation Software and gave the company a “market perform” rating in a research report on Wednesday, January 17th. CIBC increased their price objective on Constellation Software from C$765.00 to C$800.00 and gave the company a “neutral” rating in a report on Wednesday, January 17th. Barclays increased their price objective on Constellation Software from C$700.00 to C$770.00 in a report on Monday, October 30th. Finally, Scotiabank increased their price objective on Constellation Software from C$700.00 to C$740.00 and gave the company a “sector perform” rating in a report on Monday, October 30th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of C$810.00.

Shares of Constellation Software (TSE CSU) traded up C$14.96 during trading hours on Monday, reaching C$782.78. The company had a trading volume of 19,545 shares, compared to its average volume of 40,303. Constellation Software has a 12 month low of C$587.05 and a 12 month high of C$812.24. The firm has a market cap of $16,270.00, a price-to-earnings ratio of 62.25 and a beta of 0.51.

In other news, Director Lawrence Cunningham acquired 100 shares of the business’s stock in a transaction dated Tuesday, January 16th. The shares were acquired at an average cost of C$618.00 per share, with a total value of C$61,800.00.

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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.

Analyst Recommendations for Constellation Software (TSE:CSU)

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