Constellation Software (TSE:CSU) Rating Increased to Buy at TD Securities

TD Securities upgraded shares of Constellation Software (TSE:CSU) from a hold rating to a buy rating in a research report released on Friday morning,BayStreet.CA reports. The brokerage currently has C$5,550.00 target price on the stock, up from their prior target price of C$5,250.00.

Other analysts have also recently issued research reports about the company. CIBC increased their target price on Constellation Software from C$5,300.00 to C$5,450.00 in a research report on Monday, March 10th. Raymond James increased their price objective on shares of Constellation Software from C$4,550.00 to C$5,250.00 in a report on Monday, March 10th. Royal Bank of Canada set a C$5.70 target price on shares of Constellation Software and gave the stock an “outperform” rating in a report on Friday, March 21st. Finally, BMO Capital Markets raised their target price on shares of Constellation Software from C$4,900.00 to C$5,500.00 in a research note on Monday, March 10th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of C$4,459.28.

Constellation Software Trading Up 4.2 %

Shares of Constellation Software stock opened at C$4,549.67 on Friday. Constellation Software has a fifty-two week low of C$3,535.00 and a fifty-two week high of C$5,040.00. The company has a debt-to-equity ratio of 169.83, a quick ratio of 0.55 and a current ratio of 0.93. The company has a market capitalization of C$68.75 billion, a P/E ratio of 108.10, a P/E/G ratio of 2.95 and a beta of 0.81. The company has a fifty day moving average of C$4,741.25 and a 200 day moving average of C$4,569.38.

Constellation Software Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 0.09%. The ex-dividend date is Friday, March 28th. Constellation Software’s payout ratio is 13.02%.

Constellation Software Company Profile

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. Its operations are organized in two segments: Public Sector and Private Sector. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care.