Scotiabank restated their outperform rating on shares of Descartes Systems Group Inc (TSE:DSG) in a research report report published on Thursday morning. They currently have a C$29.00 price target on the stock.
A number of other equities analysts also recently issued reports on the company. Royal Bank Of Canada reiterated an outperform rating and issued a C$30.00 price objective (up previously from C$29.00) on shares of Descartes Systems Group in a report on Tuesday, September 6th. Barclays PLC increased their price objective on Descartes Systems Group from C$30.00 to C$31.00 and gave the stock an overweight rating in a report on Friday, September 9th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of C$30.50.
Descartes Systems Group (TSE:DSG) traded down 0.11% during midday trading on Thursday, hitting $27.46. The stock had a trading volume of 10,550 shares. Descartes Systems Group has a 52 week low of $20.94 and a 52 week high of $28.81. The firm has a 50 day moving average of $27.79 and a 200 day moving average of $25.96. The firm has a market cap of $2.08 billion and a price-to-earnings ratio of 94.69.
About Descartes Systems Group
The Descartes Systems Group Inc (Descartes) is a global provider of on-demand, cloud-based software-as-a-service (SaaS) solutions. The Company is focused on logistics and supply chain management business processes. Customers use its modular, SaaS solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; file customs and security documents for imports and exports; research and perform trade tariff and duty calculations and complete other logistics processes.
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.