Lightspeed Commerce (TSE:LSPD) Earns “Buy” Rating from KeyCorp

Lightspeed Commerce (TSE:LSPDGet Rating)‘s stock had its “buy” rating reiterated by analysts at KeyCorp in a research note issued to investors on Friday, Stock Target Advisor reports. They presently have a C$35.00 price objective on the stock. KeyCorp’s price objective would indicate a potential upside of 22.16% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Barclays decreased their price target on Lightspeed Commerce from C$57.00 to C$50.00 and set an “overweight” rating on the stock in a research note on Friday, February 4th. Moffett Nathanson started coverage on shares of Lightspeed Commerce in a research report on Tuesday, April 5th. They set a “buy” rating and a C$50.00 price target for the company. Sumitomo Mitsui Financial Group restated a “hold” rating and issued a C$40.00 price objective on shares of Lightspeed Commerce in a report on Monday, January 31st. TD Securities dropped their target price on shares of Lightspeed Commerce from C$130.00 to C$80.00 and set an “action list buy” rating for the company in a report on Friday, February 4th. Finally, Eight Capital restated a “buy” rating and set a C$47.00 price target on shares of Lightspeed Commerce in a research note on Tuesday, May 10th. One research analyst has rated the stock with a sell rating, one has given a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from, the company currently has a consensus rating of “Buy” and an average target price of C$83.05.

LSPD opened at C$28.65 on Friday. The stock has a market capitalization of C$4.25 billion and a PE ratio of -13.78. Lightspeed Commerce has a one year low of C$19.58 and a one year high of C$165.87. The company has a debt-to-equity ratio of 1.80, a quick ratio of 6.95 and a current ratio of 7.26. The business’s 50 day moving average price is C$31.43 and its 200 day moving average price is C$45.22.

About Lightspeed Commerce (Get Rating)

Lightspeed Commerce Inc provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators in Canada, the United States, Germany, Australia, and internationally. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc.

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