Descartes Systems Group Inc on Focus After Crashing In Today’s Session

 Descartes Systems Group Inc on Focus After Crashing In Today's Session

The stock of Descartes Systems Group Inc (TSE:DSG) is a huge mover today! About 29,050 shares traded hands. Descartes Systems Group Inc (TSE:DSG) has risen 27.04% since April 27, 2016 and is uptrending. It has outperformed by 21.12% the S&P500.
The move comes after 9 months negative chart setup for the $2.22B company. It was reported on Dec, 1 by Barchart.com. We have $27.96 PT which if reached, will make TSE:DSG worth $111.00 million less.

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. $34 is the highest target while $23 is the lowest. The $28.90 average target is -1.80% below today’s ($29.43) stock price. Descartes Systems Group has been the topic of 16 analyst reports since August 28, 2015 according to StockzIntelligence Inc. The stock of Descartes Systems Group Inc (TSE:DSG) has “Outperform” rating given on Monday, November 30 by RBC Capital Markets. As per Friday, September 9, the company rating was maintained by Scotia Capital. The firm earned “Outperform” rating on Friday, May 20 by RBC Capital Markets. Scotia Capital maintained the stock with “Outperform” rating in Friday, June 17 report. The stock of Descartes Systems Group Inc (TSE:DSG) earned “Outperform” rating by RBC Capital Markets on Monday, November 28. The firm has “Outperform” rating by Scotia Capital given on Friday, November 25. Scotia Capital maintained Descartes Systems Group Inc (TSE:DSG) on Wednesday, August 31 with “Outperform” rating.

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 $2.22 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 74.75 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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