Descartes Systems Group (DSG) PT Raised to C$34.00

Descartes Systems Group (TSE:DSG) (NASDAQ:DSGX) had its price target boosted by Canaccord Genuity from C$30.00 to C$34.00 in a research report issued to clients and investors on Thursday. Canaccord Genuity’s price target would suggest a potential downside of 1.96% from the stock’s current price.

DSG has been the subject of several other research reports. Royal Bank Of Canada upped their target price on Descartes Systems Group to C$45.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 22nd. Raymond James Financial increased their price objective on Descartes Systems Group to C$38.00 and gave the company an “outperform” rating in a research note on Friday, September 8th. Barclays increased their price objective on Descartes Systems Group from C$36.00 to C$39.00 in a research note on Thursday, September 7th. Finally, BMO Capital Markets reissued a “market perform” rating and set a C$29.00 price objective on shares of Descartes Systems Group in a research note on Thursday, September 7th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of C$35.43.

Shares of Descartes Systems Group (TSE DSG) opened at C$34.68 on Thursday. Descartes Systems Group has a 52 week low of C$27.39 and a 52 week high of C$39.91.

In other news, Director Michael Verhoeve sold 28,500 shares of the stock in a transaction that occurred on Friday, September 22nd. The stock was sold at an average price of C$34.19, for a total transaction of C$974,415.00. In the last three months, insiders have sold 38,500 shares of company stock valued at $1,316,915.

TRADEMARK VIOLATION WARNING: This piece of content was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark law. The correct version of this piece of content can be read at https://www.dispatchtribunal.com/2017/12/02/descartes-systems-group-dsg-pt-raised-to-c34-00.html.

About Descartes Systems Group

Descartes Systems Group Inc (Descartes) is a Canada-based global provider of federated network and global logistics technology solutions that help its customers make and receive shipments and manage related resources. Its network-based solutions, which primarily consist of services and software, connect people to their trading partners and enable business document exchange (bookings, bills of lading, status messages); regulatory compliance and customs filing; route and resource planning, execution and monitoring; access and leverage global trade and restricted party data; inventory and asset visibility; rate and transportation management, and warehouse operations.

Analyst Recommendations for Descartes Systems Group (TSE:DSG)

Receive News & Ratings for Descartes Systems Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Descartes Systems Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply