Descartes Systems Group Given New C$17.00 Price Target at Pi Financial (DSG)
Equities researchers at Pi Financial boosted their price objective on shares of Descartes Systems Group (TSE:DSG) from C$16.50 to C$17.00 in a research report issued on Wednesday, AR Network reports. Pi Financial’s target price would indicate a potential upside of 19.63% from the stock’s previous close.
A number of other firms have also recently commented on DSG. Analysts at Canaccord Genuity raised their price target on shares of Descartes Systems Group from C$13.00 to C$17.00 in a research note to investors on Thursday, December 5th. They now have a “buy” rating on the stock. Analysts at BMO Capital Markets raised their price target on shares of Descartes Systems Group from C$11.50 to C$14.00 in a research note to investors on Thursday, December 5th. They now have a “market perform” rating on the stock.
Shares of Descartes Systems Group (TSE:DSG) opened at 14.21 on Wednesday. Descartes Systems Group has a one year low of $8.90 and a one year high of $15.065. The stock’s 50-day moving average is $14.1 and its 200-day moving average is $12.44. The company has a market cap of $892.0 million and a P/E ratio of 56.96.
Descartes Systems Group (TSE:DSG) last announced its earnings results on Wednesday, December 4th. The company reported $0.03 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.04 by $0.01. During the same quarter last year, the company posted $0.16 earnings per share. Analysts expect that Descartes Systems Group will post $0.14 EPS for the current fiscal year.
The Descartes Systems Group Inc (TSE:DSG) is a global provider of federated network and global logistics technology solutions that help its customers make and receive shipments and manage related resources.
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