Lightspeed POS (TSE:LSPD) had its price target lowered by investment analysts at KeyCorp from C$55.00 to C$45.00 in a report released on Friday, November 8th, BayStreet.CA reports. KeyCorp’s price objective would suggest a potential upside of 40.54% from the stock’s previous close.
LSPD has been the subject of a number of other research reports. TD Securities boosted their target price on shares of Lightspeed POS from C$29.00 to C$52.00 in a research note on Friday, August 9th. JPMorgan Chase & Co. set a C$41.00 price objective on shares of Lightspeed POS in a research note on Tuesday, September 17th. CIBC upped their price objective on shares of Lightspeed POS from C$27.00 to C$50.00 in a research note on Tuesday, July 30th. BMO Capital Markets upped their price objective on shares of Lightspeed POS from C$45.00 to C$52.00 in a research note on Monday, August 12th. Finally, National Bank Financial set a C$52.00 price objective on shares of Lightspeed POS and gave the company an “outperform” rating in a research note on Friday, August 23rd. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of C$43.86.
Shares of LSPD stock traded down C$2.30 during trading on Friday, hitting C$32.02. 451,753 shares of the stock traded hands, compared to its average volume of 249,795. The firm has a market capitalization of $2.93 billion and a P/E ratio of -10.41. The company has a debt-to-equity ratio of 7.49, a current ratio of 3.15 and a quick ratio of 3.03. Lightspeed POS has a 52-week low of C$18.05 and a 52-week high of C$49.70. The firm’s fifty day moving average price is C$32.73 and its 200-day moving average price is C$34.72.
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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