Descartes Systems Group (TSE:DSG) (NASDAQ:DSGX) had its target price lifted by Canaccord Genuity from C$30.00 to C$34.00 in a research report released on Thursday morning.

A number of other equities research analysts also recently issued reports on the stock. Royal Bank Of Canada boosted their price objective on shares of Descartes Systems Group to C$40.00 and gave the company an outperform rating in a research report on Friday, September 1st. Barclays boosted their price objective on shares of Descartes Systems Group from C$36.00 to C$39.00 in a research report on Thursday, September 7th. 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 report on Thursday, September 7th. Finally, Raymond James Financial upped their target price on shares of Descartes Systems Group to C$38.00 and gave the stock an outperform rating in a report on Friday, September 8th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Descartes Systems Group currently has an average rating of Buy and an average price target of C$35.43.

Shares of Descartes Systems Group (DSG) opened at C$34.68 on Thursday. Descartes Systems Group has a 1 year low of C$27.39 and a 1 year high of C$39.91.

In related news, Director Michael Verhoeve sold 2,500 shares of the company’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of C$34.01, for a total value of C$85,025.00. Insiders sold a total of 38,500 shares of company stock valued at $1,316,915 in the last ninety days.

TRADEMARK VIOLATION WARNING: This story was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this story on another site, it was stolen and reposted in violation of United States and international trademark & copyright law. The original version of this story can be viewed at https://www.thecerbatgem.com/2017/12/04/canaccord-genuity-raises-descartes-systems-group-dsg-price-target-to-c34-00.html.

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. 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 & 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.