Canaccord Genuity Reiterates a “Buy” Rating on The Descartes Systems Gr (DSGX) and $35 Target; Last Week Embraer S.A. (ERJ) Coverage

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In an analyst report revealed to investors on Thursday morning, The Descartes Systems Gr (NASDAQ:DSGX) stock “Buy” was reaffirmed by Analysts at Canaccord Genuity. They currently have a $35 TP on the stock. Canaccord Genuity’s TP suggests a potential upside of 11.46% from the company’s last stock close price.

Among 12 analysts covering Embraer Sa (NYSE:ERJ), 4 have Buy rating, 3 Sell and 5 Hold. Therefore 33% are positive. Embraer Sa had 31 analyst reports since July 31, 2015 according to SRatingsIntel. Drexel Hamilton upgraded the shares of ERJ in report on Tuesday, November 1 to “Buy” rating. Deutsche Bank downgraded Embraer S.A. (NYSE:ERJ) rating on Tuesday, October 17. Deutsche Bank has “Hold” rating and $23.0 target. Cowen & Co maintained the shares of ERJ in report on Friday, July 28 with “Hold” rating. The stock of Embraer S.A. (NYSE:ERJ) earned “Hold” rating by Scotia Capital on Friday, March 9. The rating was maintained by RBC Capital Markets on Monday, June 5 with “Hold”. RBC Capital Markets maintained the stock with “Hold” rating in Friday, July 7 report. The stock of Embraer S.A. (NYSE:ERJ) earned “Sector Perform” rating by Scotia Capital on Tuesday, October 17. The rating was upgraded by Cowen & Co on Tuesday, October 18 to “Outperform”. The firm has “Buy” rating given on Monday, June 13 by Deutsche Bank. The stock has “Neutral” rating by Goldman Sachs on Monday, May 2. See Embraer S.A. (NYSE:ERJ) latest ratings:

09/03/2018 Broker: Scotia Capital Rating: Hold New Target: $23.5 Maintain
09/03/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $25 New Target: $30 Maintain
22/01/2018 Broker: Cowen & Co Rating: Hold New Target: $28.0 Maintain
22/12/2017 Broker: Credit Suisse Rating: Hold New Target: $25.0 Downgrade

More important recent Embraer S.A. (NYSE:ERJ) news were published by: Streetinsider.com which released: “Embraer (ERJ) and American Airlines Sign Contract for 15 E175s” on May 03, 2018, also Streetinsider.com published article titled: “Boeing (BA), Embraer (ERJ) Deal Delayed by Talks Over How to Break up Brazilian Planemaker – Reuters”, 247Wallst.com published: “Top Analyst Upgrades and Downgrades: DocuSign, Embraer, Goodyear Tire, Macy’s, Micron, Raytheon, Smartsheet …” on May 22, 2018. More interesting news about Embraer S.A. (NYSE:ERJ) was released by: Fool.com and their article: “A Boeing-Embraer Deal Is Still Highly Likely” with publication date: May 17, 2018.

The stock increased 1.48% or $0.35 during the last trading session, reaching $24.01. About 1.58M shares traded or 48.56% up from the average. Embraer S.A. (NYSE:ERJ) has risen 26.21% since May 31, 2017 and is uptrending. It has outperformed by 13.64% the S&P500.

Embraer S.A. designs, develops, manufactures, and sells aircraft and systems in Brazil, North America, Latin America, the Asia Pacific, Europe, and internationally. The company has market cap of $4.27 billion. It operates through Commercial Aviation, Executive Jets, Defense & Security, and Other Related Businesses divisions. It has a 18.7 P/E ratio. The Commercial Aviation segment develops, produces, and sells commercial jets; and provides support services, as well as leases aircraft.

Among 11 analysts covering Descartes Systems Group (NASDAQ:DSGX), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Descartes Systems Group has $33.0 highest and $17.50 lowest target. $27.15’s average target is -13.54% below currents $31.4 stock price. Descartes Systems Group had 36 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, May 31 by BMO Capital Markets. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, March 6. The stock has “Outperform” rating by RBC Capital Markets on Friday, September 9. The firm earned “Buy” rating on Tuesday, November 7 by RBC Capital Markets. IBC upgraded the shares of DSGX in report on Wednesday, October 19 to “Sector Outperform” rating. The rating was maintained by Barclays Capital with “Buy” on Thursday, November 30. The stock has “Buy” rating by TD Securities on Monday, May 29. As per Friday, September 11, the company rating was maintained by Canaccord Genuity. The rating was maintained by Canaccord Genuity on Wednesday, May 31 with “Buy”. The rating was maintained by Barclays Capital with “Overweight” on Friday, September 9.

The stock increased 1.78% or $0.55 during the last trading session, reaching $31.4. About 59,481 shares traded. The Descartes Systems Group Inc (NASDAQ:DSGX) has risen 21.76% since May 31, 2017 and is uptrending. It has outperformed by 9.19% the S&P500.

More news for The Descartes Systems Group Inc (NASDAQ:DSGX) were recently published by: Globenewswire.com, which released: “Descartes Reports Fiscal 2019 First Quarter Financial Results” on May 30, 2018. Benzinga.com‘s article titled: “Earnings Scheduled For May 30, 2018” and published on May 30, 2018 is yet another important article.

The Descartes Systems Group Inc. provides federated network and logistics technology solutions worldwide. The company has market cap of $2.41 billion. The company's network solutions offer regulatory compliance and customs filing; route and resource planning, execution, and monitoring; access and leverage global trade and restricted party data; inventory and asset visibility; rate and transportation management; and warehouse operation services, as well as connects people to their trading partners and enable business document exchange. It has a 89.71 P/E ratio. The Company’s Logistics Application Suite offers a range of modular, cloud-based, and interoperable Web and wireless logistics management applications.

Embraer S.A. (NYSE:ERJ) Ratings Chart