Lightspeed POS (TSE:LSPD) Price Target Raised to C$110.00 at National Bank Financial

Lightspeed POS (TSE:LSPD) had its price target upped by analysts at National Bank Financial to C$110.00 in a note issued to investors on Thursday, Stock Target Advisor reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s target price points to a potential upside of 4.67% from the stock’s previous close.

A number of other research firms have also commented on LSPD. CIBC raised their price objective on shares of Lightspeed POS from C$135.00 to C$140.00 and gave the company an “outperform” rating in a research report on Tuesday, June 8th. National Bankshares lifted their target price on shares of Lightspeed POS from C$82.74 to C$110.00 and gave the company an “outperform” rating in a research report on Thursday. BTIG Research lifted their target price on shares of Lightspeed POS from C$104.00 to C$115.00 and gave the company a “buy” rating in a research report on Friday, May 21st. Raymond James reiterated an “outperform” rating and set a C$105.00 target price on shares of Lightspeed POS in a research report on Tuesday, June 8th. Finally, ATB Capital lifted their target price on shares of Lightspeed POS from C$140.00 to C$150.00 and gave the company an “outperform” rating in a research report on Tuesday, June 8th. Ten investment analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and a consensus price target of C$105.36.

Shares of LSPD stock traded up C$0.94 during trading hours on Thursday, reaching C$105.09. The stock had a trading volume of 468,214 shares, compared to its average volume of 751,929. The stock has a fifty day simple moving average of C$93.32. The company has a quick ratio of 7.32, a current ratio of 7.56 and a debt-to-equity ratio of 2.87. Lightspeed POS has a 12 month low of C$33.01 and a 12 month high of C$109.79. The firm has a market capitalization of C$14.05 billion and a price-to-earnings ratio of -70.41.

About Lightspeed POS

Lightspeed POS 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, Germany, Australia, and internationally. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc.

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