Lightspeed POS (TSE:LSPD) Given a C$39.00 Price Target at Raymond James

Raymond James set a C$39.00 target price on Lightspeed POS (TSE:LSPD) in a report issued on Wednesday, BayStreet.CA reports. The firm currently has a market perform rating on the stock.

Several other analysts also recently issued reports on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Lightspeed POS from C$41.00 to C$37.00 in a research report on Friday, November 8th. BMO Capital Markets lowered their price objective on shares of Lightspeed POS from C$52.00 to C$44.00 in a research report on Friday, November 8th. KeyCorp lowered their price objective on shares of Lightspeed POS from C$55.00 to C$45.00 in a research report on Friday, November 8th. Finally, TD Securities lowered their price objective on shares of Lightspeed POS from C$52.00 to C$40.00 and set a buy rating for the company in a research report on Friday, November 8th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Lightspeed POS presently has a consensus rating of Buy and a consensus price target of C$44.13.

TSE:LSPD traded up C$1.19 during trading hours on Wednesday, hitting C$42.39. The stock had a trading volume of 411,822 shares, compared to its average volume of 348,340. The company has a current ratio of 3.15, a quick ratio of 3.03 and a debt-to-equity ratio of 7.49. Lightspeed POS has a 1-year low of C$18.05 and a 1-year high of C$49.70. The business has a 50 day simple moving average of C$34.68 and a two-hundred day simple moving average of C$35.99. The company has a market cap of $3.19 billion and a PE ratio of -13.76.

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.

Read More: Price to Earnings Ratio (PE) Basics

Analyst Recommendations for Lightspeed POS (TSE:LSPD)

Receive News & Ratings for Lightspeed POS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lightspeed POS and related companies with MarketBeat.com's FREE daily email newsletter.