Constellation Software Inc. (CSU) Receives Average Rating of “Hold” from Brokerages

Shares of Constellation Software Inc. (TSE:CSU) have received an average recommendation of “Buy” from the nine analysts that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is C$901.88.

Several brokerages recently issued reports on CSU. $900.00 raised Constellation Software from a “neutral” rating to an “outperform” rating in a research note on Tuesday, July 10th. National Bank Financial lifted their target price on Constellation Software from C$850.00 to C$875.00 and gave the company a “sector perform” rating in a research note on Friday, April 27th. CIBC lifted their target price on Constellation Software from C$865.00 to C$900.00 in a research note on Friday, April 27th. lifted their target price on Constellation Software to C$980.00 in a research note on Thursday, April 26th. Finally, Scotiabank lifted their target price on Constellation Software from C$880.00 to C$940.00 and gave the company an “outperform” rating in a research note on Tuesday, April 24th.

Shares of CSU opened at C$955.92 on Tuesday. Constellation Software has a 12-month low of C$669.19 and a 12-month high of C$1,134.30.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 3rd. Shareholders of record on Friday, September 14th will be issued a dividend of $1.314 per share. This represents a $5.26 annualized dividend and a yield of 0.55%. The ex-dividend date is Thursday, September 13th. This is a boost from Constellation Software’s previous quarterly dividend of $1.29.

In other Constellation Software news, insider John Edward Billowits sold 800 shares of the firm’s stock in a transaction that occurred on Monday, May 28th. The stock was sold at an average price of C$1,011.57, for a total transaction of C$809,256.00.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, engages in the development, installation, and customization of software to various markets in the United States, Canada, the United Kingdom, Europe, and internationally. The company operates in two segments, Public Sector and Private Sector.

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Analyst Recommendations for Constellation Software (TSE:CSU)

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