The TD Securities Increases Descartes Systems Group Inc (DSG) Price Target to C$39.00

The TD Securities Increases Descartes Systems Group Inc (DSG) Price Target to C$39.00

DSG has been the topic of several other research reports. 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. 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. Canaccord Genuity lifted their price objective on shares of Descartes Systems Group to C$38.00 and gave the company a “buy” rating in a research report on Thursday. Raymond James Financial, Inc. lifted their price objective on shares of Descartes Systems Group to C$37.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, 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. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of C$35.44.

Descartes Systems Group Inc (TSE:DSG) (NASDAQ:DSGX) had its price target hoisted by equities research analysts at TD Securities to C$39.00 in a note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. TD Securities’ target price would suggest a potential upside of 16.04% from the stock’s previous close.

Shares of Descartes Systems Group (DSG) opened at 33.61 on Thursday. The stock has a 50 day moving average of $32.11 and a 200-day moving average of $29.90. The stock has a market cap of $2.55 billion and a PE ratio of 108.42. Descartes Systems Group has a 52 week low of $23.83 and a 52 week high of $34.31.

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. 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 our FREE daily email newsletter.

Related posts

Leave a Comment