Constellation Software Inc. (TSE:CSU) has been given a consensus recommendation of “Buy” by the seven brokerages that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is C$872.29.
Several research firms recently issued reports on CSU. Royal Bank of Canada increased their target price on shares of Constellation Software from C$900.00 to C$950.00 and gave the stock an “outperform” rating in a report on Sunday, February 18th. Raymond James Financial increased their target price on shares of Constellation Software from C$710.00 to C$820.00 and gave the stock a “market perform” rating in a report on Friday, February 16th. National Bank Financial increased their target price on shares of Constellation Software from C$800.00 to C$850.00 and gave the stock a “sector perform” rating in a report on Friday, February 16th. Barclays increased their target price on shares of Constellation Software from C$770.00 to C$850.00 in a report on Friday, February 16th. Finally, BMO Capital Markets increased their target price on shares of Constellation Software from C$840.00 to C$900.00 in a report on Friday, February 16th.
In related news, Director Lawrence Cunningham acquired 100 shares of the business’s stock in a transaction on Tuesday, January 16th. The stock was acquired at an average cost of C$618.00 per share, with a total value of C$61,800.00.
Constellation Software (TSE CSU) traded up C$8.21 during trading on Tuesday, reaching C$841.05. 21,479 shares of the company traded hands, compared to its average volume of 43,762. The stock has a market cap of $17,630.00, a price-to-earnings ratio of 62.52 and a beta of 0.51. Constellation Software has a one year low of C$610.54 and a one year high of C$846.73.
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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.
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