Descartes Systems Group (NASDAQ: DSGX)‘s stock had its “sector perform” rating reiterated by investment analysts at CIBC in a note issued to investors on Wednesday. They currently have a $9.50 target price on the stock.
Descartes Systems Group traded down 0.11% on Wednesday, hitting $9.05. Descartes Systems Group has a 52-week low of $7.75 and a 52-week high of $9.76. The stock’s 50-day moving average is currently $9.27. The company has a market cap of $566.7 million and a price-to-earnings ratio of 45.30.
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.
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