Lightspeed POS (TSE:LSPD) had its target price upped by National Bank Financial from C$40.00 to C$52.00 in a research report sent to investors on Friday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.
Several other equities analysts have also recently issued reports on LSPD. BMO Capital Markets boosted their target price on shares of Lightspeed POS from C$29.00 to C$45.00 in a research note on Tuesday, August 6th. KeyCorp reiterated an overweight rating and issued a C$45.00 target price on shares of Lightspeed POS in a research note on Tuesday, July 30th. JPMorgan Chase & Co. boosted their target price on shares of Lightspeed POS from C$22.00 to C$37.00 in a research note on Friday. Raymond James boosted their target price on shares of Lightspeed POS from C$33.00 to C$41.00 and gave the company a market perform rating in a research note on Friday. Finally, TD Securities boosted their target price on shares of Lightspeed POS from C$29.00 to C$52.00 in a research note on Friday. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has a consensus rating of Buy and a consensus target price of C$47.00.
LSPD opened at C$47.73 on Friday. The company has a fifty day moving average price of C$39.41. Lightspeed POS has a 1 year low of C$18.05 and a 1 year high of C$49.70. The firm has a market cap of $4.10 billion and a PE ratio of -8.64.
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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