Lightspeed Commerce Inc. (TSE:LSPD) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Lightspeed Commerce Inc. (TSE:LSPD) have received a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$20.31.

A number of research analysts have recently commented on the company. National Bankshares lowered their price target on Lightspeed Commerce from C$20.00 to C$15.00 and set a “sector perform” rating on the stock in a report on Friday, February 7th. BMO Capital Markets lowered their price target on Lightspeed Commerce from C$20.00 to C$15.00 and set an “outperform” rating on the stock in a report on Friday, February 7th. Stifel Nicolaus decreased their target price on Lightspeed Commerce from C$18.00 to C$15.00 and set a “hold” rating for the company in a research note on Friday, February 7th. Raymond James decreased their target price on Lightspeed Commerce from C$36.00 to C$29.00 and set an “outperform” rating for the company in a research note on Friday, February 7th. Finally, TD Securities decreased their target price on Lightspeed Commerce from C$19.00 to C$13.00 and set a “hold” rating for the company in a research note on Friday, February 7th.

Lightspeed Commerce Price Performance

Shares of TSE LSPD opened at C$19.00 on Friday. Lightspeed Commerce has a 1-year low of C$16.04 and a 1-year high of C$26.60. The company has a debt-to-equity ratio of 0.83, a current ratio of 6.10 and a quick ratio of 6.05. The business’s fifty day moving average price is C$21.76 and its two-hundred day moving average price is C$20.94. The firm has a market capitalization of C$2.07 billion, a PE ratio of -16.88 and a beta of 2.69.

About Lightspeed Commerce

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.