Lightspeed POS (TSE:LSPD) had its price objective lifted by National Bank Financial to C$110.00 in a report released on Thursday, Stock Target Advisor reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price suggests a potential upside of 4.67% from the stock’s previous close.
Several other brokerages have also recently issued reports on LSPD. National Bankshares upped their price target on shares of Lightspeed POS from C$82.74 to C$110.00 and gave the company an “outperform” rating in a research report on Thursday. Cormark decreased their price target 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. BTIG Research upped their price target on shares of Lightspeed POS from C$104.00 to C$115.00 and gave the company a “buy” rating in a research report on Friday, May 21st. Raymond James reiterated an “outperform” rating and set a C$105.00 price objective on shares of Lightspeed POS in a research report on Tuesday, June 8th. Finally, CIBC increased their price objective 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, June 8th. Ten research analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus price target of C$105.36.
TSE LSPD traded up C$0.94 on Thursday, hitting C$105.09. The company’s stock had a trading volume of 468,214 shares, compared to its average volume of 751,929. The company has a debt-to-equity ratio of 2.87, a quick ratio of 7.32 and a current ratio of 7.56. Lightspeed POS has a 1-year low of C$33.01 and a 1-year high of C$109.79. The stock’s 50-day simple moving average is C$93.32. The company has a market capitalization of C$14.05 billion and a price-to-earnings ratio of -70.41.
Lightspeed POS Inc provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators in Canada, the United States, Germany, Australia, and internationally. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc.
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