Lightspeed POS (TSE:LSPD) Price Target Increased to C$49.00 by Analysts at Pi Financial

Lightspeed POS (TSE:LSPD) had its price objective increased by Pi Financial from C$42.30 to C$49.00 in a report released on Friday morning, BayStreet.CA reports.

A number of other equities research analysts have also recently weighed in on the company. Raymond James set a C$39.00 price objective on Lightspeed POS and gave the company a market perform rating in a research note on Wednesday, January 8th. Scotiabank lifted their price objective on Lightspeed POS from C$44.00 to C$46.00 in a research note on Thursday, January 9th. KeyCorp dropped their price objective on Lightspeed POS from C$55.00 to C$45.00 in a research note on Friday, November 8th. JPMorgan Chase & Co. dropped their price objective on Lightspeed POS from C$41.00 to C$37.00 in a research note on Friday, November 8th. Finally, TD Securities lifted their price objective on Lightspeed POS from C$40.00 to C$53.00 in a research note on Friday. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Lightspeed POS currently has an average rating of Buy and an average price target of C$46.11.

Shares of TSE LSPD opened at C$42.83 on Friday. Lightspeed POS has a twelve month low of C$18.05 and a twelve month high of C$49.70. The company has a current ratio of 3.15, a quick ratio of 3.03 and a debt-to-equity ratio of 7.49. The stock has a fifty day simple moving average of C$35.88 and a 200-day simple moving average of C$36.19. The stock has a market capitalization of $3.58 billion and a PE ratio of -13.92.

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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