Stifel Nicolaus Trims LifeSpeak (TSE:LSPK) Target Price to C$2.50

LifeSpeak (TSE:LSPKGet Rating) had its target price reduced by investment analysts at Stifel Nicolaus from C$2.75 to C$2.50 in a research note issued to investors on Wednesday, BayStreet.CA reports.

Several other brokerages have also recently weighed in on LSPK. Royal Bank of Canada cut LifeSpeak from an “outperform” rating to a “hold” rating and reduced their price target for the company from C$11.00 to C$1.00 in a research report on Friday, May 13th. Scotiabank dropped their price objective on LifeSpeak from C$7.00 to C$4.00 in a research note on Saturday, June 25th.

LifeSpeak Stock Performance

The company has a market capitalization of C$68.93 million and a PE ratio of -1.28. LifeSpeak has a 52-week low of C$0.71 and a 52-week high of C$9.00. The company has a quick ratio of 1.35, a current ratio of 1.46 and a debt-to-equity ratio of 162.61. The company has a fifty day moving average price of C$1.48.

LifeSpeak Company Profile

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LifeSpeak Inc provides software-as-a-service solutions for mental health and total wellbeing education for mid and enterprise-sized organizations in Canada and internationally. The company offer digital educational resources, such as consumable videos, podcasts, and tailored articles for depression, stress management, and financial health; and on-demand workout library, automated, and live sessions in areas, including general fitness, nutrition, mindfulness, cardio, strength, yoga, pre-natal, Pilates, and others.

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