Indicating a possible upside of 0.48%, Raymond James raised the target price of Descartes Systems Group (NDAQ:DSGX) to $37.00

Previously on Friday May 26, 2017, Canaccord Genuity reported on Descartes Systems Group (NDAQ:DSGX) upped the target price from $0.00 to $26.00. At the time, this indicated a possible upside of 0.05%.

Only yesterday Descartes Systems Group (NDAQ:DSGX) traded 1.55% higher at $25.05. DSGX’s 50-day average is $28.21 and its two hundred day average is $25.75. With the last stock price close down 14.37% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time. 36,704 shares of DSGX traded, down from an avg. volume of 78,032

Performance Chart

Descartes Systems Group has a 52 week low of $20.20 and a one year high of $29.55 with a price-earnings ratio of 86.62 DSGX’s market cap is currently $0.

General Information About Descartes Systems Group (NDAQ:DSGX)

Descartes Systems Group Inc (Descartes) is a Canada-based global provider of federated network and global logistics technology solutions that help its customers make and receive shipments and manage related resources. Its 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. Its 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. It operates through MacroPoint.

The post Descartes Systems Group (NDAQ:DSGX) stock price target increased to $37.00, issued a research note today by Raymond James appeared first on Octafinance.