Descartes Systems Group Inc Rises A lot Today, Is Now One of The Best Performer

 Descartes Systems Group Inc Rises A lot Today, Is Now One of The Best Performer

The stock of Descartes Systems Group Inc (TSE:DSG) is a huge mover today! About 54,947 shares traded hands. Descartes Systems Group Inc (TSE:DSG) has risen 16.54% since April 8, 2016 and is uptrending. It has outperformed by 11.55% the S&P500.
The move comes after 7 months positive chart setup for the $2.24 billion company. It was reported on Nov, 14 by Barchart.com. We have $44.86 PT which if reached, will make TSE:DSG worth $1.21B more.

Descartes Systems Group Inc (TSE:DSG) Ratings Coverage

Out of 4 analysts covering Descartes Systems Group (TSE:DSG), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Descartes Systems Group has been the topic of 14 analyst reports since August 28, 2015 according to StockzIntelligence Inc. Scotia Capital maintained Descartes Systems Group Inc (TSE:DSG) rating on Friday, September 9. Scotia Capital has “Outperform” rating and $29 price target. The firm earned “Outperform” rating on Friday, May 20 by RBC Capital Markets. RBC Capital Markets maintained the stock with “Outperform” rating in Monday, November 30 report. The rating was maintained by Scotia Capital on Friday, June 17 with “Outperform”. The firm has “Outperform” rating given on Wednesday, August 31 by Scotia Capital.

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 $2.24 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 73.4 P/E ratio.

DSG.TO Company Profile

The Descartes Systems Group Inc. (Descartes), incorporated on February 1, 2012, 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’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. The Company’s pricing model allows its clients to purchase its solutions either on a perpetual license, subscription or transactional basis.

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