Lightspeed Commerce (TSE:LSPD) Price Target Raised to C$26.00 at CIBC

Lightspeed Commerce (TSE:LSPDFree Report) had its price objective upped by CIBC from C$25.00 to C$26.00 in a research report released on Friday, BayStreet.CA reports. CIBC currently has a neutral rating on the stock.

Several other equities analysts have also issued reports on LSPD. National Bankshares boosted their price objective on Lightspeed Commerce from C$20.00 to C$25.00 and gave the company an outperform rating in a research report on Friday, January 26th. ATB Capital dropped their price objective on shares of Lightspeed Commerce from C$35.00 to C$30.00 and set an outperform rating on the stock in a report on Friday, February 9th. Raymond James cut their price objective on shares of Lightspeed Commerce from C$43.00 to C$35.00 and set an outperform rating on the stock in a research report on Friday, February 9th. Finally, Cormark upped their price objective on Lightspeed Commerce from C$26.00 to C$26.50 in a research report on Friday. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of Moderate Buy and a consensus target price of C$24.94.

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Lightspeed Commerce Trading Up 2.1 %

TSE:LSPD traded up C$0.44 during trading hours on Friday, hitting C$20.99. The stock had a trading volume of 1,312,225 shares, compared to its average volume of 717,187. The company has a debt-to-equity ratio of 0.96, a quick ratio of 6.05 and a current ratio of 6.22. Lightspeed Commerce has a one year low of C$16.94 and a one year high of C$28.73. The business’s 50 day moving average is C$18.50 and its 200-day moving average is C$21.23. The company has a market cap of C$3.22 billion, a price-to-earnings ratio of -11.47 and a beta of 2.67.

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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Analyst Recommendations for Lightspeed Commerce (TSE:LSPD)

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