Lightspeed POS (TSE:LSPD) Price Target Raised to C$52.00

Lightspeed POS (TSE:LSPD) had its price objective upped by BMO Capital Markets from C$45.00 to C$52.00 in a research report released on Monday, BayStreet.CA reports.

Several other research analysts have also weighed in on the stock. Raymond James lifted their price objective on shares of Lightspeed POS from C$33.00 to C$41.00 and gave the stock a market perform rating in a research note on Friday, August 9th. JPMorgan Chase & Co. lifted their price objective on shares of Lightspeed POS from C$22.00 to C$37.00 in a research note on Friday, August 9th. TD Securities lifted their price objective on shares of Lightspeed POS from C$29.00 to C$52.00 in a research note on Friday, August 9th. CIBC lifted their price objective on shares of Lightspeed POS from C$27.00 to C$50.00 in a research note on Tuesday, July 30th. Finally, KeyCorp reissued an overweight rating and set a C$45.00 price objective on shares of Lightspeed POS in a research note on Tuesday, July 30th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of C$47.00.

Lightspeed POS stock opened at C$39.73 on Monday. The business’s 50 day moving average price is C$39.67. Lightspeed POS has a fifty-two week low of C$18.05 and a fifty-two week high of C$49.70. The company has a market cap of $4.10 billion and a price-to-earnings ratio of -7.19.

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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Analyst Recommendations for Lightspeed POS (TSE:LSPD)

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