TD Securities Boosts Descartes Systems Group (DSG) Price Target to C$35.00
Descartes Systems Group (TSE:DSG) (NASDAQ:DSGX) had its price objective lifted by TD Securities from C$33.00 to C$35.00 in a research note released on Thursday morning. The brokerage currently has a buy rating on the stock.
DSG has been the topic of a number of other reports. Royal Bank Of Canada upped their price target on Descartes Systems Group to C$45.00 and gave the stock an outperform rating in a research report on Wednesday, November 22nd. Canaccord Genuity upped their price target on Descartes Systems Group from C$30.00 to C$34.00 in a research report on Thursday. Raymond James Financial downgraded Descartes Systems Group from an outperform rating to a market perform rating and set a C$31.00 price target on the stock. in a research report on Thursday. Barclays upped their price target on Descartes Systems Group from C$36.00 to C$39.00 in a research report on Thursday, September 7th. Finally, Scotiabank upped their price target on Descartes Systems Group from C$29.00 to C$32.00 and gave the stock an outperform rating in a research report on Thursday. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Descartes Systems Group presently has an average rating of Buy and an average target price of C$35.43.
Descartes Systems Group (TSE:DSG) opened at C$34.68 on Thursday. Descartes Systems Group has a 12-month low of C$27.39 and a 12-month high of C$39.91.
In related news, Director Michael Verhoeve sold 7,500 shares of the company’s stock in a transaction on Thursday, September 14th. The stock was sold at an average price of C$34.33, for a total value of C$257,475.00. Over the last three months, insiders sold 38,500 shares of company stock worth $1,316,915.
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. 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.
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