Trade Report: Today: Descartes Systems Group Inc (DSG) Stock Rating Reaffirm by Royal Bank Of Canada

Today: Descartes Systems Group Inc (DSG) Stock Rating Reaffirm by Royal Bank Of Canada

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

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

Shares of Descartes Systems Group (TSE:DSG) traded down 0.30% on Monday, reaching $30.16. 15,230 shares of the company traded hands. The stock has a 50 day moving average of $28.38 and a 200 day moving average of $26.86. The stock has a market cap of $2.29 billion and a price-to-earnings ratio of 104.00. Descartes Systems Group has a 52-week low of $20.94 and a 52-week high of $30.57.

Descartes Systems Group Company Profile

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