CIBC Keeps Their Buy Rating on Constellation Software (CSU)

In a latest note to investors, a research analyst has provided a rating update for the Technology company, Constellation Software (CSUResearch Report). CIBC’s analyst Stephanie Price reiterates their Buy rating on the shares, with a C$1250 price target.

According to TipRanks.com, Price is ranked #1171 out of 5142 analysts.

Read also: Amazon (AMZN) Stock Is a Buy Ahead of Earnings: Top Analyst

Constellation Software has an analyst consensus of Moderate Buy, with a price target consensus of C$1076.67.

Based on Constellation Software’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of C$85.88 million. In comparison, last year the company had a net profit of C$96.77 million.

Constellation Software, Inc. is a holding company, which acquires, manages, and builds vertical market software businesses. It operates through the Public Sector and Private Sector segments. The Public Sector segment focuses on government and government-related customers. The Private Sector segment includes business units focused on commercial customers.

The company’s shares closed on Friday at C$925.

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