Lightspeed Commerce (TSE:LSPD - Get Free Report) had its price objective decreased by investment analysts at TD Securities from C$19.00 to C$13.00 in a research note issued on Friday,BayStreet.CA reports. The firm currently has a "hold" rating on the stock. TD Securities' price objective would indicate a potential downside of 31.76% from the company's previous close.
LSPD has been the subject of several other research reports. Scotiabank reduced their price objective on shares of Lightspeed Commerce from C$21.00 to C$19.00 and set an "outperform" rating for the company in a research note on Friday. Stifel Nicolaus reduced their price objective on shares of Lightspeed Commerce from C$18.00 to C$15.00 and set a "hold" rating for the company in a research note on Friday. Raymond James cut their price target on shares of Lightspeed Commerce from C$36.00 to C$29.00 and set an "outperform" rating on the stock in a research note on Friday. Finally, CIBC cut their price target on shares of Lightspeed Commerce from C$35.00 to C$30.00 and set an "outperform" rating on the stock in a research note on Friday. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, Lightspeed Commerce currently has a consensus rating of "Moderate Buy" and a consensus price target of C$20.31.
Read Our Latest Analysis on LSPD
Lightspeed Commerce Stock Up 0.1 %
Shares of TSE LSPD traded up C$0.01 during trading hours on Friday, hitting C$19.05. 615,380 shares of the stock were exchanged, compared to its average volume of 623,466. The company has a quick ratio of 6.05, a current ratio of 6.19 and a debt-to-equity ratio of 0.99. The company has a market cap of C$2.89 billion, a PE ratio of -14.22 and a beta of 2.69. The firm has a fifty day moving average price of C$21.98 and a 200-day moving average price of C$20.95. Lightspeed Commerce has a 12 month low of C$16.04 and a 12 month high of C$26.60.
About Lightspeed Commerce
(
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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.
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