Lightspeed Commerce Inc. (TSE:LSPD) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Lightspeed Commerce Inc. (TSE:LSPD - Get Free Report) has been given an average rating of "Moderate Buy" by the seven brokerages that are currently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$20.31.

LSPD has been the subject of several recent analyst reports. Raymond James decreased their price target 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. National Bankshares dropped their price target on shares of Lightspeed Commerce from C$20.00 to C$15.00 and set a "sector perform" rating on the stock in a research report on Friday, February 7th. CIBC decreased their price objective on shares of Lightspeed Commerce from C$35.00 to C$30.00 and set an "outperform" rating for the company in a report on Friday, February 7th. TD Securities dropped their target price on shares of Lightspeed Commerce from C$19.00 to C$13.00 and set a "hold" rating on the stock in a report on Friday, February 7th. Finally, Stifel Nicolaus decreased their price target on shares of Lightspeed Commerce from C$18.00 to C$15.00 and set a "hold" rating for the company in a report on Friday, February 7th.

Lightspeed Commerce Stock Up 0.6 %

Shares of TSE LSPD traded up C$0.10 during trading hours on Tuesday, hitting C$16.39. The stock had a trading volume of 638,635 shares, compared to its average volume of 708,395. The firm's 50-day moving average price is C$20.20 and its two-hundred day moving average price is C$21.00. Lightspeed Commerce has a 52 week low of C$15.92 and a 52 week high of C$26.60. The company has a market capitalization of C$1.78 billion, a P/E ratio of -14.56 and a beta of 2.69. The company has a debt-to-equity ratio of 0.83, a quick ratio of 6.05 and a current ratio of 6.10.

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Insider Activity at Lightspeed Commerce

In other news, Senior Officer Daniel Robert Micak sold 3,995 shares of the business's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of C$19.53, for a total value of C$78,022.35. 9.93% of the stock is owned by company insiders.

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.