Lightspeed Commerce (TSE:LSPD) Given New C$15.00 Price Target at National Bankshares

Lightspeed Commerce (TSE:LSPD) had its price target lowered by National Bankshares from C$20.00 to C$15.00 in a research note released on Friday,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

A number of other analysts have also weighed in on LSPD. BMO Capital Markets reduced their price objective on shares of Lightspeed Commerce from C$20.00 to C$15.00 and set an “outperform” rating on the stock in a research report on Friday. CIBC reduced their price target on Lightspeed Commerce from C$35.00 to C$30.00 and set an “outperform” rating on the stock in a report on Friday. Raymond James dropped their price objective on Lightspeed Commerce from C$36.00 to C$29.00 and set an “outperform” rating for the company in a report on Friday. Stifel Nicolaus cut their price objective on Lightspeed Commerce from C$18.00 to C$15.00 and set a “hold” rating on the stock in a research report on Friday. Finally, TD Securities decreased their target price on Lightspeed Commerce from C$19.00 to C$13.00 and set a “hold” rating for the company in a research report on Friday. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$21.39.

Lightspeed Commerce Trading Up 4.0 %

LSPD stock opened at C$18.76 on Friday. Lightspeed Commerce has a twelve month low of C$16.04 and a twelve month high of C$26.60. The stock has a market capitalization of C$2.84 billion, a price-to-earnings ratio of -14.00 and a beta of 2.69. 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 firm’s fifty day simple moving average is C$22.23 and its two-hundred day simple moving average is C$20.91.

About Lightspeed Commerce

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.