Today, an analyst has provided a rating update for Constellation Software (CSU). Raymond James’ analyst Steven Li reiterates their Hold rating on the shares, with a C$1200 price target.
According to TipRanks.com, Li is ranked #791 out of 5194 analysts.
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Constellation Software has an analyst consensus of Moderate Buy, with a price target consensus of C$1230.
Based on Constellation Software’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of C$236 million. In comparison, last year the company had a net profit of C$104 million.
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 Friday at C$1168.04, close to its 52-week high of C$1210.
