Lightspeed POS (LSPD) PT Raised to C$29.00
Lightspeed POS (TSE:LSPD) had its target price increased by TD Securities from C$28.00 to C$29.00 in a research report report published on Friday, BayStreet.CA reports. The firm currently has a buy rating on the stock.
Several other analysts also recently weighed in on the company. JPMorgan Chase & Co. restated a neutral rating and set a C$22.00 target price on shares of Lightspeed POS in a research note on Tuesday, April 2nd. BMO Capital Markets reiterated an outperform rating and issued a C$25.00 price objective on shares of Lightspeed POS in a research report on Tuesday, April 2nd. National Bank Financial reiterated an outperform rating and issued a C$25.00 price objective on shares of Lightspeed POS in a research report on Tuesday, April 2nd. Finally, CIBC raised their price objective on Lightspeed POS from C$26.00 to C$27.00 in a research report on Friday.
Shares of TSE:LSPD opened at C$27.10 on Friday. Lightspeed POS has a twelve month low of C$18.05 and a twelve month high of C$27.93. The company has a market cap of $2.21 billion and a P/E ratio of -8.10.
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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