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

Constellation Software (TSE:CSU) has been given a C$5.70 price objective by research analysts at Royal Bank of Canada in a report issued on Friday,BayStreet.CA reports. The firm 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 stock’s current price.

Other analysts have also issued reports about the company. BMO Capital Markets raised their target price on Constellation Software from C$4,900.00 to C$5,500.00 in a report on Monday, March 10th. UBS Group raised shares of Constellation Software to a “strong-buy” rating in a research note on Thursday, November 21st. Raymond James boosted their target price on shares of Constellation Software from C$4,550.00 to C$5,250.00 in a research note on Monday, March 10th. Finally, CIBC lifted their price objective on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a report on Monday, March 10th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$4,334.28.

Constellation Software Stock Performance

Shares of Constellation Software stock traded down C$14.98 during trading on Friday, hitting C$4,640.00. 43,213 shares of the company’s stock were exchanged, compared to its average volume of 33,969. The business has a 50-day simple moving average of C$4,737.39 and a 200-day simple moving average of C$4,539.90. The stock has a market capitalization of C$70.12 billion, a price-to-earnings ratio of 110.25, a PEG ratio of 2.95 and a beta of 0.81. The company has a debt-to-equity ratio of 169.83, a quick ratio of 0.55 and a current ratio of 0.93. Constellation Software has a 52-week low of C$3,535.00 and a 52-week high of C$5,040.00.

About Constellation Software

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.