The Descartes Systems Group Inc (TSE:DSG) (NASDAQ:DSGX) had its price objective boosted by investment analysts at Royal Bank Of Canada to C$45.00 in a research report issued to clients and investors on Wednesday. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 13.75% from the company’s previous close.

A number of other brokerages have also issued reports on DSG. Raymond James Financial, Inc. raised their price target on shares of The Descartes Systems Group to C$38.00 and gave the stock an “outperform” rating in a report on Friday, September 8th. BMO Capital Markets reissued a “market perform” rating and issued a C$29.00 price target on shares of The Descartes Systems Group in a report on Thursday, September 7th. Finally, Barclays PLC raised their price target on shares of The Descartes Systems Group from C$36.00 to C$39.00 in a report on Thursday, September 7th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of C$38.00.

Shares of The Descartes Systems Group (DSG) traded up C$0.85 during trading hours on Wednesday, reaching C$39.56. 130,069 shares of the company were exchanged, compared to its average volume of 111,052. The Descartes Systems Group has a one year low of C$27.39 and a one year high of C$39.70.

COPYRIGHT VIOLATION WARNING: “The Descartes Systems Group Inc (DSG) PT Raised to C$45.00 at Royal Bank Of Canada” was posted by Watch List News and is owned by of Watch List News. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and international copyright & trademark legislation. The correct version of this report can be read at https://www.watchlistnews.com/the-descartes-systems-group-inc-dsg-pt-raised-to-c45-00-at-royal-bank-of-canada/1720339.html.

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

The 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 The Descartes Systems Group (TSE:DSG)

Receive News & Ratings for The Descartes Systems Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Descartes Systems Group Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.