Raymond James Lowers Lightspeed Commerce (TSE:LSPD) Value Goal to C$40.00

Lightspeed Commerce (TSE:LSPD – Get Ranking) had its goal worth minimize by inventory analysts at Raymond James from C$68.00 to C$40.00 in a report issued on Friday, BayStreet.CA stories. The agency presently has an “outperform” ranking on the inventory. Raymond James’ worth goal signifies a possible upside of 48.86% from the corporate’s earlier shut.

A number of different equities analysts have additionally weighed in on LSPD. Truist Monetary reaffirmed a “purchase” ranking and issued a C$60.00 worth goal on shares of Lightspeed Commerce in a analysis be aware on Friday, February 4th. Moffett Nathanson assumed protection on shares of Lightspeed Commerce in a analysis be aware on Tuesday, April fifth. They set a “purchase” ranking and a C$50.00 worth goal for the corporate. Eight Capital restated a “purchase” ranking and set a C$47.00 goal worth on shares of Lightspeed Commerce in a report on Tuesday. TD Securities lowered their worth goal on Lightspeed Commerce from C$130.00 to C$80.00 and set an “motion listing purchase” ranking for the corporate in a report on Friday, February 4th. Lastly, Barclays decreased their worth goal on Lightspeed Commerce from C$57.00 to C$50.00 and set an “chubby” ranking on the inventory in a analysis be aware on Friday, February 4th. One equities analysis analyst has rated the inventory with a promote ranking, one has assigned a maintain ranking, fourteen have assigned a purchase ranking and one has given a robust purchase ranking to the corporate. Based mostly on information from, the corporate at present has a consensus ranking of “Purchase” and a consensus goal worth of C$86.56.

Shares of LSPD traded up C$5.82 throughout buying and selling hours on Friday, hitting C$26.87. The inventory had a buying and selling quantity of 1,978,588 shares, in comparison with its common quantity of 1,289,097. Lightspeed Commerce has a 12-month low of C$19.58 and a 12-month excessive of C$165.87. The agency has a market cap of C$3.99 billion and a P/E ratio of -13.02. The corporate has a debt-to-equity ratio of 1.80, a fast ratio of 6.95 and a present ratio of seven.26. The corporate’s fifty day easy shifting common is C$31.55 and its 200 day easy shifting common is C$48.45.

Lightspeed Commerce Firm Profile (Get Ranking)

Lightspeed Commerce Inc gives commerce enabling Software program as a Service (SaaS) platform for small and midsize companies, retailers, eating places, and golf course operators in Canada, america, Germany, Australia, and internationally. Its SaaS platform permits clients to have interaction with shoppers, handle operations, settle for funds, and so forth.

See Additionally

Analyst Recommendations for Lightspeed Commerce (TSE:LSPD)

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