Lightspeed POS (TSE:LSPD) Price Target Raised to C$52.00 at BMO Capital Markets

Lightspeed POS (TSE:LSPD) had its price objective increased by BMO Capital Markets from C$45.00 to C$52.00 in a report released on Monday morning, BayStreet.CA reports.

Several other analysts have also recently weighed in on the stock. TD Securities lifted their price objective on shares of Lightspeed POS from C$29.00 to C$52.00 in a research note on Friday, August 9th. Raymond James lifted their price objective on shares of Lightspeed POS from C$33.00 to C$41.00 and gave the stock a market perform rating in a research note on Friday, August 9th. National Bank Financial lifted their price objective on shares of Lightspeed POS from C$40.00 to C$52.00 and gave the stock an outperform rating in a research note on Friday, August 9th. JPMorgan Chase & Co. lifted their price objective on shares of Lightspeed POS from C$22.00 to C$37.00 in a research note on Friday, August 9th. Finally, CIBC lifted their price objective on shares of Lightspeed POS from C$27.00 to C$50.00 in a research note on Tuesday, July 30th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Lightspeed POS presently has a consensus rating of Buy and an average target price of C$47.00.

Shares of Lightspeed POS stock opened at C$39.53 on Monday. Lightspeed POS has a twelve month low of C$18.05 and a twelve month high of C$49.70. The business has a 50-day simple moving average of C$39.77. The firm has a market cap of $4.10 billion and a PE ratio of -7.15.

Lightspeed POS Company Profile

Lightspeed POS Inc, a commerce-enabling software company, primarily sells software as a service to retailers, restaurants, and e-commerce companies. The company's commerce platform enables the handling of point of sale and omnichannel transactions, as well as the management of inventory, customer preferences, sales, and analytics.

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Analyst Recommendations for Lightspeed POS (TSE:LSPD)

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