Lightspeed Commerce Inc. (TSE:LSPD) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Shares of Lightspeed Commerce Inc. (TSE:LSPD - Get Free Report) have earned an average recommendation of "Moderate Buy" from the eight brokerages that are presently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$24.94.

A number of equities research analysts have recently weighed in on LSPD shares. CIBC boosted their price objective on shares of Lightspeed Commerce from C$25.00 to C$26.00 and gave the stock a "neutral" rating in a report on Friday. Raymond James reduced their price target on shares of Lightspeed Commerce from C$43.00 to C$35.00 and set an "outperform" rating for the company in a research report on Friday, February 9th. ATB Capital decreased their target price on Lightspeed Commerce from C$35.00 to C$30.00 and set an "outperform" rating on the stock in a research report on Friday, February 9th. National Bankshares raised their price objective on shares of Lightspeed Commerce from C$20.00 to C$25.00 and gave the stock an "outperform" rating in a research note on Friday, January 26th. Finally, Cormark lifted their price target on shares of Lightspeed Commerce from C$26.00 to C$26.50 in a research note on Friday.

Read Our Latest Stock Analysis on Lightspeed Commerce

Lightspeed Commerce Trading Up 1.9 %

LSPD traded up C$0.40 during midday trading on Friday, hitting C$20.95. 1,219,424 shares of the company were exchanged, compared to its average volume of 714,267. The firm has a market capitalization of C$3.22 billion, a P/E ratio of -11.48 and a beta of 2.67. The company has a quick ratio of 6.05, a current ratio of 6.22 and a debt-to-equity ratio of 0.96. The firm's 50 day moving average price is C$18.45 and its 200-day moving average price is C$21.20. Lightspeed Commerce has a 1-year low of C$16.94 and a 1-year high of C$28.73.

Lightspeed Commerce Company Profile

Lightspeed Commerce Inc engages in sale of cloud-based software subscriptions and payments solutions for small and midsize businesses, retailers, restaurants, and golf course operators in North America, Europe, the United Kingdom, Australia, New Zealand, and internationally. Its Software as a Service platform enables customers to engage with consumers, manage operations, accept payments, etc.

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