Constellation Software (TSE:CSU) Price Target Cut to C$4,200.00 by Analysts at BMO Capital Markets

Constellation Software (TSE:CSU) had its price target decreased by equities researchers at BMO Capital Markets from C$4,600.00 to C$4,200.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. BMO Capital Markets’ target price points to a potential upside of 42.86% from the company’s previous close.

Several other research firms have also commented on CSU. TD Securities decreased their target price on shares of Constellation Software from C$5,700.00 to C$5,300.00 in a report on Monday, November 10th. National Bank Financial reduced their price objective on shares of Constellation Software from C$4,500.00 to C$3,200.00 and set a “sector perform” rating on the stock in a research note on Thursday, January 22nd. Canadian Imperial Bank of Commerce decreased their price target on shares of Constellation Software from C$5,260.00 to C$4,668.00 in a research note on Friday, January 16th. Royal Bank Of Canada dropped their price target on shares of Constellation Software from C$5,600.00 to C$4,800.00 and set an “outperform” rating on the stock in a research report on Monday, January 26th. Finally, Jefferies Financial Group reduced their target price on Constellation Software from C$5,850.00 to C$4,500.00 in a report on Monday, November 10th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$4,187.14.

Constellation Software Trading Down 1.2%

TSE:CSU traded down C$35.00 during trading hours on Tuesday, hitting C$2,940.00. The stock had a trading volume of 53,972 shares, compared to its average volume of 113,056. The company has a market cap of C$62.30 billion, a price-to-earnings ratio of 90.74, a P/E/G ratio of 2.95 and a beta of 0.33. The company has a debt-to-equity ratio of 156.85, a quick ratio of 0.55 and a current ratio of 1.02. The business’s 50 day moving average is C$2,731.98 and its 200-day moving average is C$3,396.86. Constellation Software has a one year low of C$2,196.00 and a one year high of C$5,300.00.

Constellation Software (TSE:CSU) last posted its quarterly earnings data on Monday, March 9th. The company reported C$7.12 earnings per share (EPS) for the quarter. The company had revenue of C$4.19 billion for the quarter. Constellation Software had a net margin of 6.16% and a return on equity of 21.78%. Sell-side analysts anticipate that Constellation Software will post 55.4616354 EPS for the current fiscal year.

About Constellation Software

Constellation Software is an international provider of market-leading software and services to a number of industries. Our mission is to acquire, manage and build market-leading software businesses that develop specialized, mission-critical software solutions to address the specific needs of our particular industries. Our company was founded in 1995 to assemble a portfolio of vertical market software companies that have the potential to be leaders in their particular market. Since then, we have grown rapidly through a combination of acquisitions and organic growth, and established a strong constellation of companies with a large, diverse customer base.