Lightspeed POS Inc (LSPD) Receives a Hold from ATB Cormark Capital Markets
In a report released today, Martin Toner from ATB Cormark Capital Markets maintained a Hold rating on Lightspeed POS Inc, with a price target of C$18.00.
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According to TipRanks, Toner is a 4-star analyst with an average return of 24.8% and a 62.50% success rate. Toner covers the Technology sector, focusing on stocks such as Shopify, Keel Infrastructure, and Lightspeed POS Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for Lightspeed POS Inc with a C$17.48 average price target.
Based on Lightspeed POS Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$317.15 million and a GAAP net loss of C$34.09 million. In comparison, last year the company earned a revenue of C$280.13 million and had a GAAP net loss of C$26.59 million
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LSPD in relation to earlier this year.
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