Descartes Systems Group Inc (TSE:DSG) (NASDAQ:DSGX)‘s stock had its “outperform” rating reissued by analysts at Royal Bank Of Canada in a report issued on Monday. They currently have a C$34.00 price objective on the stock. Royal Bank Of Canada’s price target would suggest a potential upside of 12.40% from the company’s previous close.

A number of other brokerages have also issued reports on DSG. Scotiabank reissued an “outperform” rating and set a C$23.00 target price on shares of Descartes Systems Group in a research note on Friday. CIBC lifted their target price on shares of Descartes Systems Group from C$22.50 to C$25.50 in a research note on Wednesday, October 19th. Finally, Barclays PLC lifted their target price on shares of Descartes Systems Group from C$30.00 to C$31.00 and gave the company an “overweight” rating in a research note on Friday, September 9th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Descartes Systems Group has a consensus rating of “Buy” and an average target price of C$28.90.

Analyst Recommendations for Descartes Systems Group (TSE:DSG)

Shares of Descartes Systems Group (TSE:DSG) traded down 0.30% on Monday, reaching $30.16. The company’s stock had a trading volume of 15,230 shares. The stock has a market capitalization of $2.29 billion and a PE ratio of 104.00. Descartes Systems Group has a 1-year low of $20.94 and a 1-year high of $30.57. The stock has a 50-day moving average of $28.38 and a 200 day moving average of $26.86.

TRADEMARK VIOLATION NOTICE: This piece of content was published by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are viewing this piece of content on another website, it was copied illegally and republished in violation of United States and international copyright laws. The legal version of this piece of content can be accessed at

About Descartes Systems Group

The Descartes Systems Group Inc (Descartes) is a 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.

Receive News & Stock 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 stocks with our FREE daily email newsletter.