A Wall Street analyst has provided a review for the Technology company yesterday, but retained the same rating on the stock. The Technology company, Lightspeed POS Inc (TSX: LSPD) has just received a rating update from a Wall Street analyst.
According to TipRanks.com, Perlin is a 3-star analyst with an average return of 0.5% and a 41.4% success rate. Perlin covers the Financial sector, focusing on stocks such as Broadridge Financial Solutions, Jack Henry & Associates, and Fleetcor Technologies.
Currently, the analyst consensus on Lightspeed POS Inc is a Moderate Buy with an average price target of C$26.08, which is a 28.8% upside from current levels. In a report issued on October 26, National Bank also maintained a Buy rating on the stock with a $20.00 price target.
The company has a one-year high of C$26.75 and a one-year low of C$16.94. Currently, Lightspeed POS Inc has an average volume of 515.3K.
Lightspeed POS Inc provides omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accept payments, and grow their business. The company sells its platform through direct sales force in North America, Europe and Australia, supplemented by indirect channels in other countries around the world.
The company’s shares closed last Friday at C$20.29.
Read More on TSE:LSPD:
- Lightspeed sees FY24 revenue $890M-$905M, consensus $894.2M
- Lightspeed sees Q3 revenue $232M-$237M, consensus $232.9M
- Lightspeed reports Q2 adjusted EPS 4c, consensus 0c
- Lightspeed Announces Second Quarter 2024 Financial Results and Raises Outlook for Fiscal 2024
- Lightspeed releases new features, leveraging data and AI, to make the hard parts of running a business that much easier