Brokerages Set Constellation Software Inc. (TSE:CSU) PT at $686.00

Shares of Constellation Software Inc. (TSE:CSU) have earned a consensus rating of “Hold” from the seven brokerages that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$686.00.

A number of research firms have recently weighed in on CSU. Royal Bank Of Canada raised their price objective on shares of Constellation Software from C$725.00 to C$750.00 and gave the company an “outperform” rating in a research note on Friday, July 28th. Raymond James Financial, Inc. lifted their price target on shares of Constellation Software from C$615.00 to C$670.00 and gave the stock a “market perform” rating in a research report on Friday, July 28th. Barclays PLC lifted their price target on shares of Constellation Software from C$674.00 to C$700.00 in a research report on Friday, July 28th. Scotiabank restated a “sector perform” rating and issued a C$650.00 price target on shares of Constellation Software in a research report on Friday, April 21st. Finally, CIBC lifted their price target on shares of Constellation Software from C$620.00 to C$650.00 in a research report on Monday, May 1st.

Shares of Constellation Software (CSU) traded up 0.18% during trading on Friday, reaching $697.87. The company’s stock had a trading volume of 24,213 shares. Constellation Software has a 1-year low of $518.47 and a 1-year high of $724.50. The company has a market capitalization of $14.79 billion and a PE ratio of 65.84. The stock has a 50 day moving average of $678.80 and a 200-day moving average of $652.32.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 4th. Shareholders of record on Friday, September 15th will be paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date of this dividend is Thursday, September 14th.

In related news, Director Ian Murray Mckinnon sold 1,000 shares of Constellation Software stock in a transaction on Thursday, June 1st. The shares were sold at an average price of C$698.00, for a total value of C$698,000.00.

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About Constellation Software

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