Lightspeed POS (TSE:LSPD) had its price objective decreased by KeyCorp from C$45.00 to C$16.00 in a research note issued to investors on Monday, BayStreet.CA reports.
A number of other brokerages also recently weighed in on LSPD. National Bank Financial set a C$52.00 price target on shares of Lightspeed POS and gave the company an outperform rating in a report on Friday, February 28th. Raymond James raised shares of Lightspeed POS from a market perform rating to an outperform rating and reduced their price target for the company from C$44.00 to C$35.00 in a report on Friday, March 13th. Scotiabank reduced their price target on shares of Lightspeed POS from C$45.00 to C$25.00 in a report on Monday. Pi Financial reduced their price target on shares of Lightspeed POS from C$49.00 to C$40.00 and set a buy rating for the company in a report on Thursday, March 19th. Finally, TD Securities increased their price target on shares of Lightspeed POS from C$40.00 to C$53.00 in a report on Friday, January 10th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. Lightspeed POS has a consensus rating of Buy and an average target price of C$39.11.
Shares of Lightspeed POS stock opened at C$18.00 on Monday. The company has a debt-to-equity ratio of 8.06, a current ratio of 2.25 and a quick ratio of 2.12. Lightspeed POS has a fifty-two week low of C$10.50 and a fifty-two week high of C$49.70. The firm has a fifty day moving average price of C$29.92 and a two-hundred day moving average price of C$33.88. The company has a market cap of $1.46 billion and a PE ratio of -10.23.
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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