Constellation Software (TSE:CSU) Upgraded at UBS Group

UBS Group upgraded shares of Constellation Software (TSE:CSU) to a strong-buy rating in a research note released on Thursday,Zacks.com reports.

Several other brokerages have also issued reports on CSU. CIBC upped their price target on Constellation Software from C$4,100.00 to C$4,850.00 and gave the company an “outperform” rating in a research note on Wednesday, August 28th. Raymond James raised their target price on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a research note on Monday, November 11th. BMO Capital Markets increased their price objective on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a report on Monday, November 11th. TD Securities raised their price objective on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a research note on Monday, November 11th. Finally, National Bankshares lifted their target price on shares of Constellation Software from C$4,800.00 to C$5,000.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Constellation Software has an average rating of “Moderate Buy” and a consensus price target of C$4,800.00.

Constellation Software Stock Down 1.2 %

TSE:CSU opened at C$4,587.90 on Thursday. The company has a market cap of C$97.22 billion, a price-to-earnings ratio of 108.38, a P/E/G ratio of 2.95 and a beta of 0.81. The company has a debt-to-equity ratio of 151.81, a quick ratio of 0.55 and a current ratio of 0.90. The stock’s fifty day moving average price is C$4,379.86 and its two-hundred day moving average price is C$4,146.17. Constellation Software has a 52-week low of C$3,148.70 and a 52-week high of C$4,669.84.

Constellation Software Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 20th will be given a dividend of $1.353 per share. The ex-dividend date of this dividend is Friday, December 20th. This represents a $5.41 dividend on an annualized basis and a dividend yield of 0.12%. Constellation Software’s dividend payout ratio is 12.95%.

Constellation Software Company Profile

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.