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A statement released earlier today by RBC Capital Markets about Descartes Systems Group (TSE:DSG) bumps the target price to $34.00

RBC Capital Markets bumped up the target of Descartes Systems Group (TSE:DSG) to $34.00 stating a potential upside of 0.12%.

On Friday November 25, 2016, Scotia Capital released a statement on Descartes Systems Group (TSE:DSG) bumped up the target price from $0.00 to $23.00 that suggested a downside of -0.24%.

Boasting a price of $30.28, Descartes Systems Group (TSE:DSG) traded -0.96% lower on the day. With the last close up 11.54% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Descartes Systems Group has recorded a 50-day average of $28.38 and a two hundred day average of $26.86. Volume of trade was down over the average, with 11,626 shares of DSG changing hands under the typical 77,080

Performance Chart

Descartes Systems Group (TSE:DSG)

With a total market value of $0, Descartes Systems Group has price-earnings ratio of 103.31 with a one year low of $20.94 and a 52 week high of $30.57 .

In addition to RBC Capital Markets reporting its target price, a total of 4 firms have reported on the stock. The consensus target price is $23.12 with 1 firm rating the stock a strong buy, 3 firms rating the stock a buy, 1 firm rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Descartes Systems Group (TSE:DSG)

The Descartes Systems Group Inc. (Descartes) is a global provider of federated network and global logistics technology solutions that help its customers make and receive shipments and manage related resources. The Company's network-based 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 solutions include Logistics Technology Platform that fuses the Descartes Global Logistics Network (Descartes GLN); customs and regulatory compliance; routing, mobile and telematics; global logistics network services; transportation management, and broker and forwarder enterprise systems.

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