Lightspeed Commerce (NYSE:LSPD – Get Rating) had its price objective cut by equities researchers at Credit Suisse Group from $18.00 to $15.00 in a report issued on Friday, The Fly reports. Credit Suisse Group’s price objective indicates a potential upside of 12.53% from the company’s current price.
A number of other research analysts have also recently commented on LSPD. Moffett Nathanson cut Lightspeed Commerce from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $23.00 to $17.00 in a research report on Tuesday, March 7th. CIBC cut Lightspeed Commerce from a “sector outperform” rating to a “neutral” rating in a research report on Thursday, February 2nd. Morgan Stanley dropped their price target on Lightspeed Commerce from $19.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Friday, February 3rd. National Bankshares dropped their price target on Lightspeed Commerce from $30.00 to $20.00 in a research report on Friday, April 21st. Finally, Truist Financial upped their price target on Lightspeed Commerce from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, February 3rd. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $21.14.
Lightspeed Commerce Stock Up 2.5 %
LSPD stock opened at $13.33 on Friday. Lightspeed Commerce has a 1-year low of $12.52 and a 1-year high of $28.35. The company has a current ratio of 6.56, a quick ratio of 6.49 and a debt-to-equity ratio of 0.01. The stock’s fifty day simple moving average is $14.12 and its two-hundred day simple moving average is $15.15. The stock has a market cap of $2.00 billion, a P/E ratio of -1.88 and a beta of 2.28.
Hedge Funds Weigh In On Lightspeed Commerce
About Lightspeed Commerce
Lightspeed Commerce 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, Australia, the Netherlands, and internationally. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc.
- Get a free copy of the StockNews.com research report on Lightspeed Commerce (LSPD)
- MarketBeat Week in Review – 5/15 – 5/19
- Applied Materials: Cracks In The Chip Recovery Or Time To Buy?
- Deere & Company Rallies On Farm Equipment Boom, Bullish Outlook
- How Many Roth IRAs Can You Have?
- Why You Should Consider Buying Nvidia Ahead Of Earnings
Receive News & Ratings for Lightspeed Commerce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lightspeed Commerce and related companies with MarketBeat.com's FREE daily email newsletter.