Descartes Systems Group Inc (USA) (DSGX) was Reiterated by RBC Capital Mkts to “Outperform” according to the research note released today. The brokerage firm has raised the Price Target to $ 25 from a previous price target of $23 . RBC Capital Mkts advised their investors in a research report released on Sep 9, 2016.
Descartes Systems Group Inc (USA) closed down -0.07 points or -0.33% at $21.24 with 18,485 shares getting traded on Wednesday. Post opening the session at $21.41, the shares hit an intraday low of $21.08 and an intraday high of $21.49 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
The Descartes Systems Group Inc. (Descartes) is a global provider of on-demand cloud-based software-as-a-service (SaaS) solutions. The Company is focused on logistics and supply chain management business processes. Customers use its modular SaaS solutions to route schedule track and measure delivery resources; plan allocate and execute shipments; rate audit and pay transportation invoices; file customs and security documents for imports and exports; research and perform trade tariff and duty calculations and complete other logistics processes. The Company’s primary focus is on serving transportation providers including air ocean and truck modes; logistics service providers including third-party logistics providers freight forwarders and customs brokers and distribution-intensive companies. Its applications are categorized as Routing Mobile & Telematics; Transportation Management; Customs & Regulatory Compliance; GLN Services and Broker & Forwarder Enterprise Systems.