Lightspeed POS (TSE:LSPD) PT Lowered to C$45.00

Lightspeed POS (TSE:LSPD) had its price objective decreased by investment analysts at KeyCorp from C$55.00 to C$45.00 in a research note issued on Friday, BayStreet.CA reports. KeyCorp’s target price suggests a potential upside of 46.63% from the stock’s current price.

LSPD has been the topic of a number of other reports. Raymond James increased their price objective on shares of Lightspeed POS from C$33.00 to C$41.00 and gave the stock a “market perform” rating in a research report on Friday, August 9th. TD Securities raised their target price on shares of Lightspeed POS from C$29.00 to C$52.00 in a research report on Friday, August 9th. BMO Capital Markets raised their target price on shares of Lightspeed POS from C$45.00 to C$52.00 in a research report on Monday, August 12th. CIBC raised their target price on shares of Lightspeed POS from C$27.00 to C$50.00 in a research report on Tuesday, July 30th. Finally, National Bank Financial set a C$52.00 target price on shares of Lightspeed POS and gave the stock an “outperform” rating in a research report on Friday, August 23rd. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Lightspeed POS has a consensus rating of “Buy” and an average target price of C$43.86.

Lightspeed POS stock opened at C$30.69 on Friday. The company has a debt-to-equity ratio of 7.12, a current ratio of 3.99 and a quick ratio of 3.87. Lightspeed POS has a 1-year low of C$18.05 and a 1-year high of C$49.70. The firm has a market capitalization of $2.79 billion and a P/E ratio of -7.79. The company’s 50-day moving average is C$32.36 and its 200 day moving average is C$33.78.

About Lightspeed POS

Lightspeed POS Inc, a commerce-enabling software company, primarily sells software as a service to retailers, restaurants, and e-commerce companies. The company's commerce platform enables the handling of point of sale and omnichannel transactions, as well as the management of inventory, customer preferences, sales, and analytics.

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Analyst Recommendations for Lightspeed POS (TSE:LSPD)

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