Lightspeed POS’s (LSPD) Outperform Rating Reiterated at Raymond James

Raymond James reaffirmed their outperform rating on shares of Lightspeed POS (TSE:LSPD) in a research report released on Tuesday, Analyst Ratings Network reports. The firm currently has a C$105.00 target price on the stock.

A number of other research firms have also weighed in on LSPD. Cormark cut their target price on shares of Lightspeed POS from C$96.00 to C$94.00 and set a na rating for the company in a research report on Friday, May 21st. ATB Capital boosted their target price on shares of Lightspeed POS from C$130.00 to C$140.00 and gave the stock an outperform rating in a research report on Friday, May 21st. Royal Bank of Canada reissued an outperform rating and set a C$120.00 target price on shares of Lightspeed POS in a research report on Tuesday. CIBC boosted their target price on shares of Lightspeed POS from C$135.00 to C$140.00 and gave the stock an outperform rating in a research report on Tuesday. Finally, BTIG Research boosted their target price on shares of Lightspeed POS from C$104.00 to C$115.00 and gave the stock a buy rating in a research report on Friday, May 21st. Nine analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and an average target price of C$101.54.

Shares of TSE:LSPD opened at C$85.97 on Tuesday. The company has a market capitalization of C$11.29 billion and a PE ratio of -60.12. The company has a debt-to-equity ratio of 2.87, a current ratio of 7.56 and a quick ratio of 7.32. Lightspeed POS has a 1 year low of C$29.00 and a 1 year high of C$104.98. The stock has a fifty day simple moving average of C$82.97.

About Lightspeed POS

Lightspeed POS Inc provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc. The company's solutions cover front-end customer experience that include point of sale, omni-channel engagement, home delivery, and order and loyalty management, as well as management of discounts, price rules, and gift cards; back-end operations management comprising product and menu, inventory, bookings and membership, customer, employee, accounting, floor and table, workflow, reporting and analytics, and real-time dashboard; and integrated payment gateway solutions.

Read More: Net Income

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.