Lightspeed Commerce (TSE:LSPD - Get Free Report) had its price target decreased by stock analysts at CIBC from C$35.00 to C$30.00 in a note issued to investors on Friday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. CIBC's price objective would indicate a potential upside of 57.48% from the stock's current price.
Lightspeed Commerce Stock Performance
Shares of LSPD traded up C$0.01 on Friday, reaching C$19.05. 615,380 shares of the stock traded hands, compared to its average volume of 623,466. The firm has a market cap of C$2.89 billion, a price-to-earnings ratio of -14.22 and a beta of 2.69. The company has a debt-to-equity ratio of 0.99, a current ratio of 6.19 and a quick ratio of 6.05. Lightspeed Commerce has a 12 month low of C$16.04 and a 12 month high of C$26.60. The stock's 50-day moving average price is C$21.98 and its 200-day moving average price is C$20.95.
About Lightspeed Commerce
(
Get Free Report)
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.
Further Reading
Before you consider Lightspeed Commerce, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lightspeed Commerce wasn't on the list.
While Lightspeed Commerce currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
