Barclays Maintains a Hold Rating on Constellation Software (CSU)


Constellation Software (TSX: CSU) has received a rating update from a Wall Street analyst on October 26. Analyst Phillip Huang from Barclays reiterated a Hold rating, with a C$930 price target on October 26.

According to TipRanks.com, Huang is a 5-star analyst with an average return of 8.8% and a 70.0% success rate. Huang covers the Technology sector, focusing on stocks such as CGI Group, Open Text, and Descartes.

Constellation Software has an analyst consensus of Hold, with a price target consensus of C$975, which is a 12.2% upside from current levels. In a report issued on October 25, BMO Capital also reiterated a Hold rating on the stock with a C$950 price target.

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The company has a one-year high of C$1134.30 and a one-year low of C$718.36. Currently, Constellation Software has an average volume of 49.33K.

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. The company operates through following segments: Public Sector and Private Sector.

The company’s shares closed on Monday at C$869.01.

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