The Descartes Systems Group Inc (DSG) Rating Reiterated by BMO Capital Markets

The Descartes Systems Group Inc (DSG) Rating Reiterated by BMO Capital Markets

A number of other brokerages have also recently issued reports on DSG. Royal Bank of Canada reaffirmed an “outperform” rating and issued a C$35.00 target price on shares of Descartes Systems Group in a report on Monday, March 6th. TD Securities reaffirmed a “buy” rating and issued a C$25.00 target price on shares of Descartes Systems Group in a report on Friday, March 3rd. Barclays PLC upped their target price on shares of Descartes Systems Group from C$34.00 to C$35.00 and gave the company an “overweight” rating in a report on Friday, March 10th. Finally, Scotiabank reaffirmed an “outperform” rating and issued a C$23.00 target price on shares of Descartes Systems Group in a report on Monday, March 6th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of C$35.44.

Descartes Systems Group Inc (TSE:DSG) (NASDAQ:DSGX)‘s stock had its “market perform” rating reiterated by equities researchers at BMO Capital Markets in a research report issued on Thursday. They currently have a C$35.00 price target on the stock. BMO Capital Markets’ target price would indicate a potential upside of 4.14% from the company’s previous close.

Descartes Systems Group (DSG) opened at 33.61 on Thursday. Descartes Systems Group has a 1-year low of $23.83 and a 1-year high of $34.31. The stock has a 50 day moving average price of $32.11 and a 200-day moving average price of $29.90. The company has a market capitalization of $2.55 billion and a price-to-earnings ratio of 108.42.

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”});

Related posts

Leave a Comment