Constellation Software (TSE:CSU) Stock Rating Upgraded by UBS Group

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

Other equities analysts have also issued reports about the stock. Raymond James lifted their price objective on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a report on Monday, November 11th. TD Securities increased their target price on Constellation Software from C$4,500.00 to C$4,800.00 in a research report on Monday, November 11th. BMO Capital Markets boosted their price target on Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday, November 11th. National Bankshares raised their price objective on Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Finally, CIBC lifted their target price 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. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price 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 debt-to-equity ratio of 151.81, a current ratio of 0.90 and a quick ratio of 0.55. The firm has a market cap of C$97.22 billion, a PE ratio of 108.38, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. The company has a 50-day moving average of C$4,379.86 and a 200 day moving average of C$4,148.93. Constellation Software has a 1-year low of C$3,148.70 and a 1-year 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. Shareholders of record on Friday, December 20th will be paid a dividend of $1.353 per share. The ex-dividend date of this dividend is Friday, December 20th. This represents a $5.41 annualized dividend and a yield of 0.12%. Constellation Software’s payout ratio is presently 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.