Constellation Software (TSE:CSU – Get Rating) In a research note issued to investors on Monday, CIBC analysts increased the price target from C$2,300.00 to C$2,450.00, BayStreet.CA reported. CIBC’s price target indicates a potential upside of 13.63% from the company’s previous closing price.
Several other research analysts also weigh stock prices. National Bankshares upgraded Constellation Software’s stock from a ‘Sector Performing’ rating to an ‘Outperforming’ rating in its research notes on Thursday, October 20. BMO Capital Markets lowered its price target on Constellation Software shares from C$2,450.00 to C$2,250.00 in its research notes on Monday, November 7. National Bank Financial upgraded Constellation Software’s stock from a ‘Sector Performance Underweight’ rating to an ‘Outperforming Market Weight’ rating in a research note on Wednesday, October 19. Finally, Raymond James lowered his price target on Constellation Software stock from his C$2,400.00 to his C$2,250.00 and set a “Market His Performance” rating in a research note on Monday, November 7. . One Equity Research analyst rated the stock with his hold rating, and three assigned a buy rating to the company’s stock. Based on MarketBeat data, the company’s current consensus rating is “moderate buy” with an average target price of C$2,400.00.
Constellation Software Trading Up 3.2 %
TSE:CSU shares climbed C$67.19 in intraday trading on Monday to reach C$2,156.18. The stock traded 10,247 shares with an average turnover of 33,626 shares. The company has a debt to equity ratio of 124.71, a quick ratio of 0.55 and a current ratio of 0.63. The company has a market capitalization of C$45.69 billion and a PE ratio of 69.56. Constellation Software has a 12-month low of $1,783.98 CAD and a 12-month high of $2,385.80 CAD. His 50-day moving average for the company is C$1,981.23 and his 200-day moving average is C$1,986.72.
In other news, director Lawrence Cunningham purchased 40 shares of the company in a transaction that took place on Thursday, September 22nd. Shares were acquired at an average of CAD 1,836.96 per share, and the total transaction value was CAD 73,478.40. After the transaction, the directors now own directly 1,081 shares in the company, valued at approximately C$1,985,753.76.
Constellation Software Company Profile
Constellation Software Inc, along with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, the United Kingdom, and the rest of Europe. Its industry-specific software business provides specialized, mission-critical software solutions. The company serves the public and private sector markets.
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