Constellation Software (TSE:CSU) Given a C$5.70 Price Target at Royal Bank of Canada

Constellation Software (TSE:CSU) has been given a C$5.70 target price by analysts at Royal Bank of Canada in a report issued on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank of Canada’s price target would suggest a potential downside of 99.88% from the company’s current price.

Several other research analysts have also commented on CSU. BMO Capital Markets upped their price objective on shares of Constellation Software from C$4,900.00 to C$5,500.00 in a report on Monday, March 10th. CIBC increased their price target on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a research note on Monday, March 10th. UBS Group raised Constellation Software to a “strong-buy” rating in a research report on Thursday, November 21st. Finally, Raymond James increased their target price on Constellation Software from C$4,550.00 to C$5,250.00 in a research report on Monday, March 10th. Two investment 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 currently has an average rating of “Moderate Buy” and a consensus price target of C$4,334.28.

Constellation Software Price Performance

TSE CSU traded down C$14.98 during trading hours on Friday, reaching C$4,640.00. 43,213 shares of the stock traded hands, compared to its average volume of 33,969. Constellation Software has a 1 year low of C$3,535.00 and a 1 year high of C$5,040.00. The company has a debt-to-equity ratio of 169.83, a current ratio of 0.93 and a quick ratio of 0.55. The stock has a 50 day simple moving average of C$4,737.39 and a two-hundred day simple moving average of C$4,539.90. The company has a market cap of C$70.12 billion, a price-to-earnings ratio of 110.25, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81.

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.