The Canaccord Genuity Increases Descartes Systems Group Inc (DSG) Price Target to C$38.00

The Canaccord Genuity Increases Descartes Systems Group Inc (DSG) Price Target to C$38.00

Several other research firms have also recently issued reports on DSG. BMO Capital Markets reiterated a “market perform” rating and set a C$35.00 price objective on shares of Descartes Systems Group in a research report on Thursday. Royal Bank of Canada reiterated an “outperform” rating and set a C$36.00 price objective on shares of Descartes Systems Group in a research report on Friday, March 31st. Barclays PLC lifted their price objective on shares of Descartes Systems Group from C$34.00 to C$35.00 and gave the company an “overweight” rating in a research report on Friday, March 10th. TD Securities reiterated a “buy” rating and set a C$25.00 price objective on shares of Descartes Systems Group in a research report on Thursday, March 9th. Finally, Scotiabank reiterated an “outperform” rating and set a C$23.00 price objective on shares of Descartes Systems Group in a research report on Monday, March 6th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of C$35.44.

Descartes Systems Group Inc (TSE:DSG) (NASDAQ:DSGX) had its price objective boosted by research analysts at Canaccord Genuity to C$38.00 in a research report issued to clients and investors on Thursday. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity’s target price suggests a potential upside of 13.06% from the company’s current price.

Descartes Systems Group (TSE:DSG) opened at 33.61 on Thursday. The company has a market cap of $2.55 billion and a price-to-earnings ratio of 108.42. The stock has a 50 day moving average of $32.11 and a 200-day moving average of $29.90. Descartes Systems Group has a one year low of $23.83 and a one year high of $34.31.

Descartes Systems Group Company Profile 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. The Company’s 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:DSG”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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.

Related posts

Leave a Comment