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Barclays began coverage on shares of Descartes Systems Group (NASDAQ:DSGX) in a research note issued on Monday. The firm set an “overweight” rating on the stock.

Separately, analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of Descartes Systems Group in a research note on Thursday, July 3rd. They now have a $15.00 price target on the stock, down previously from $15.50. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $15.00.

Shares of Descartes Systems Group (NASDAQ:DSGX) opened at 13.99 on Monday. Descartes Systems Group has a 52 week low of $10.46 and a 52 week high of $15.71. The stock’s 50-day moving average is $13.8 and its 200-day moving average is $13.8. The company has a market cap of $893.0 million and a price-to-earnings ratio of 84.04.

Descartes Systems Group (NASDAQ:DSGX) last released its earnings data on Thursday, May 29th. The company reported $0.06 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.06. The company had revenue of $40.80 million for the quarter, compared to the consensus estimate of $40.73 million. On average, analysts predict that Descartes Systems Group will post $0.25 earnings per share for the current fiscal year.

The Descartes Systems Group Inc (NASDAQ:DSGX) 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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