RBC Capital Reiterates The Descartes Systems Group Outperform Rating; Lifts PT to $25 from $23 (NASDAQ:DSGX)


The stock increased 0.63% or $0.13 on September 13, hitting $20.81. About 11,281 shares traded hands. Descartes Systems Group Inc (USA) (NASDAQ:DSGX) has risen 28.21% since February 8, 2016 and is uptrending. It has outperformed by 11.72% the S&P500.

The Descartes Systems Group Inc. is a global well-known provider of federated network and global logistics technology solutions that help its clients make and receive shipments and manage related resources. The company has a market cap of $1.58 billion. The Company’s network 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. It has a 71 P/E ratio.

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