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The Descartes Systems Group (DSGX) Receives a Buy from RBC Capital

Tipranks - Sat Mar 28, 9:04PM CDT

RBC Capital analyst Paul Treiber maintained a Buy rating on The Descartes Systems Group yesterday and set a price target of $126.00.

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Treiber covers the Technology sector, focusing on stocks such as Constellation Software, Shopify, and Blackline Safety. According to TipRanks, Treiber has an average return of 9.2% and a 55.15% success rate on recommended stocks.

In addition to RBC Capital, The Descartes Systems Group also received a Buy from CIBC’s Stephanie Price in a report issued yesterday. However, on March 13, TipRanks – xAI reiterated a Hold rating on The Descartes Systems Group (NASDAQ: DSGX).

DSGX market cap is currently C$8.54B and has a P/E ratio of 38.38.

Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DSGX in relation to earlier this year.

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