In a latest note to investors, a research analyst has provided a rating update for the Technology company, Constellation Software (CSU – Research 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.
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.