Constellation Softwr Receives a Buy from RBC Capital

By Ryan Adsit

The Technology company, Constellation Softwr (TSX: CSU), has received a rating update from a Wall Street analyst today. The company received a Buy rating from RBC Capital’s analyst Matt Barasch, with a C$725 price target.

According to TipRanks.com, Barasch is ranked #1230 out of 4572 analysts.

Constellation Softwr has an analyst consensus of Hold, with a price target consensus of C$680.

Constellation Softwr’s market cap is currently C$14.6B and has a P/E ratio of 47.6.

Constellation Software, Inc. operates as holding company that engages in the development of software solutions. It acquires, manages and builds vertical market software businesses that provide mission critical software solutions. It operates through following segments: Public Sector and Private Sector. The Public Sector segment focuses on government and government-related customers. The Private Sector segment includes business units focused primarily on commercial customers. The company was founded by Mark Henri Leonard on August 23, 1995 and is headquartered in Toronto, Canada.

The company’s shares closed last Friday at $688.88, close to its 52-week high of $699.98.