Constellation Software PT Raised to $148.00 (CSU) - InvestingChannel

Constellation Software PT Raised to $148.00 (CSU)

Equities research analysts at Cantor Fitzgerald lifted their price target on shares of Constellation Software (TSE: CSU)

A number of other firms have also recently commented on CSU. Analysts at BMO Capital Markets raised their price target on shares of Constellation Software from $116.00 to $118.00 in a research note to investors on Friday. They now have a ?market perform? rating on the stock. Separately, analysts at Scotiabank cut their price target on shares of Constellation Software from $149.00 to $146.00 in a research note to investors on Friday. They now have an ?outperform? rating on the stock. Finally, analysts at TD Securities raised their price target on shares of Constellation Software from $130.00 to $135.00 in a research note to investors on Friday. They now have a ?buy? rating on the stock. Constellation Software traded up 1.12% on Friday, hitting $120.49. Constellation Software has a 1-year low of $86.20 and a 1-year high of $127.25. The stock?s 50-day moving average is currently $121.9. The company has a market cap of $2.556 billion and a price-to-earnings ratio of 27.27.

The company also recently announced a quarterly dividend, which is scheduled for Thursday, April 4th. Shareholders of record on Monday, March 18th will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 3.31%.

Constellation Software Inc. (CSI) acquires, manages and builds vertical market software businesses. It operates in two segments: Public Sector segment, which develops and distributes software solutions to government and government-related customers, and Private Sector segment, which develops and distributes software solutions to commercial customers.