Constellation Software (CSU) has received a rating update from a Wall Street analyst on May 6. Analyst Phillip Huang from Barclays reiterated a Hold rating, with a C$1150 price target on May 6.
According to TipRanks.com, Huang is a 5-star analyst with an average return of 10.7% and a 80.0% success rate. Huang covers the Technology sector, focusing on stocks such as Rogers Communication, CGI Group, and Open Text.
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Constellation Software has an analyst consensus of Moderate Buy, with a price target consensus of C$1233.33, a 7.9% upside from current levels. In a report issued on May 3, Raymond James also maintained a Hold rating on the stock with a C$1200 price target.
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The company has a one-year high of C$1210 and a one-year low of C$814.32. Currently, Constellation Software has an average volume of 49.93K.
Constellation Software, Inc. is a holding company, which acquires, manages, and builds vertical market software businesses. It operates through two segments: Public and Private Sector. 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 Thursday at C$1143.24.