Brokerages Set The Descartes Systems Group Inc. (TSE:DSG) PT at C$110.00

The Descartes Systems Group Inc. (TSE:DSG) (NASDAQ:DSGX) has earned a consensus rating of “Buy” from the five analysts that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation, one has assigned a buy recommendation and three have given a strong buy recommendation to the company.

Several research firms have commented on DSG. Stephens upgraded The Descartes Systems Group to a “strong-buy” rating in a report on Saturday, February 1st. Barclays upgraded The Descartes Systems Group from a “strong sell” rating to a “hold” rating in a report on Friday, November 15th. Finally, Loop Capital upgraded The Descartes Systems Group to a “strong-buy” rating in a report on Tuesday, December 17th.

Insider Activity

In other news, Senior Officer Allan Brett sold 5,260 shares of The Descartes Systems Group stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of C$171.60, for a total value of C$902,616.00. Company insiders own 0.02% of the company’s stock.

The Descartes Systems Group Price Performance

Shares of DSG stock opened at C$144.20 on Friday. The Descartes Systems Group has a 52-week low of C$120.22 and a 52-week high of C$177.98. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.85 and a current ratio of 1.34. The firm has a market capitalization of C$8.73 billion, a P/E ratio of 63.33, a P/E/G ratio of 2.39 and a beta of 0.74. The stock has a 50 day moving average price of C$164.06 and a 200 day moving average price of C$154.45.

The Descartes Systems Group Company Profile

The Descartes Systems Group Inc provides cloud-based logistics and supply chain management solutions worldwide. Its Logistics Technology platform offers a range of modular, interoperable web and wireless logistics management solutions. The company provides a suite of solutions that include routing, mobile, and telematics; transportation management; ecommerce, shipping, and fulfillment; customs and regulatory compliance; global trade intelligence; broker and forwarder enterprise systems; and B2B messaging and connectivity services.