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

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Lightspeed POS (TSE:LSPD) had its price target lifted by BMO Capital Markets from C$45.00 to C$52.00 in a research report report published on Monday, BayStreet.CA reports.

Other equities analysts have also issued reports about the stock. Raymond James increased their price objective on shares of Lightspeed POS from C$33.00 to C$41.00 and gave the company a market perform rating in a report on Friday, August 9th. KeyCorp restated an overweight rating and issued a C$45.00 price objective on shares of Lightspeed POS in a report on Tuesday, July 30th. TD Securities increased their price objective on shares of Lightspeed POS from C$29.00 to C$52.00 in a report on Friday, August 9th. CIBC increased their price objective on shares of Lightspeed POS from C$27.00 to C$50.00 in a report on Tuesday, July 30th. Finally, National Bank Financial increased their price objective on shares of Lightspeed POS from C$40.00 to C$52.00 and gave the company an outperform rating in a report on Friday, August 9th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Lightspeed POS presently has an average rating of Buy and a consensus price target of C$47.00.

Shares of LSPD stock opened at C$39.53 on Monday. Lightspeed POS has a 1 year low of C$18.05 and a 1 year high of C$49.70. The business’s 50 day moving average is C$39.77. The firm has a market capitalization of $4.10 billion and a price-to-earnings 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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