Descartes Systems (DSG), the Technology company, was revisited by a Wall Street analyst today. The company received a Buy rating from GMP FirstEnergy’s analyst Deepak Kaushal, with a C$52 price target.
Kaushal has an average return of 0.9% when recommending Descartes Systems.
According to TipRanks.com, Kaushal is ranked #4289 out of 5126 analysts.
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Descartes Systems has an analyst consensus of Moderate Buy, with a price target consensus of C$52.
The company has a one-year high of C$46.61 and a one-year low of C$31.39. Currently, Descartes Systems has an average volume of 146.2K.
The Descartes Systems Group, Inc. is an information technology company, which provides logistics technology solutions. It specializes in cloud-based solutions including modular and software-as-a-service to route, schedule, track, and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access and leverage global trade and restricted party data; file customers and security documents for imports and exports; research and perform trade tariff and duty calculations and to complete numerous other logistics processes. It primarily supports transportation industry, logistics service providers, third-party logistics providers, freight forwarders, and custom brokers. The company was founded on May 22, 1981 and is headquartered in Waterloo, Canada.
The company’s shares closed on Tuesday at C$40.30.
