BTIG Research Boosts Lightspeed POS (TSE:LSPD) Price Target to C$47.00

Lightspeed POS (TSE:LSPD) had its target price upped by BTIG Research from C$45.00 to C$47.00 in a report issued on Friday morning, BayStreet.CA reports.

Several other equities analysts also recently weighed in on the company. JPMorgan Chase & Co. lifted their target price on Lightspeed POS from C$31.00 to C$43.00 in a research report on Friday, August 7th. National Bank Financial lifted their target price on Lightspeed POS from C$45.00 to C$50.00 and gave the company an outperform rating in a research report on Friday, August 7th. Royal Bank of Canada lifted their target price on Lightspeed POS from C$34.00 to C$40.00 and gave the company a sector perform rating in a research report on Friday, August 7th. Eight Capital raised their price target on Lightspeed POS from C$45.00 to C$52.00 in a report on Friday, August 7th. Finally, CIBC raised their price target on Lightspeed POS from C$47.00 to C$50.00 in a report on Friday, August 7th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of C$46.15.

TSE LSPD opened at C$38.92 on Friday. The company has a market capitalization of $4.14 billion and a PE ratio of -53.10. The company has a debt-to-equity ratio of 13.67, a quick ratio of 3.15 and a current ratio of 3.30. The business’s fifty day moving average is C$41.41 and its 200 day moving average is C$31.25. Lightspeed POS has a fifty-two week low of C$10.50 and a fifty-two week high of C$48.31.

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.

Further Reading: What is required to own or exchange cryptocurrency?

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.