Lightspeed Pos (TSE:LSP) Lowered to “Hold” Rating by Barclays

Lightspeed Pos (TSE:LSP) was downgraded by analysts at Barclays from a “strong-buy” rating to a “hold” rating in a research report issued on Friday,Zacks.com reports.

A number of other research firms have also weighed in on LSP. Benchmark raised shares of Lightspeed Pos to a “strong-buy” rating in a research report on Tuesday, September 17th. Royal Bank of Canada raised Lightspeed Pos from a “strong sell” rating to a “moderate buy” rating in a research note on Friday, November 8th. One investment analyst has rated the stock with a hold rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Lightspeed Pos Price Performance

Lightspeed Pos (TSE:LSP) last posted its quarterly earnings data on Thursday, November 7th. The company reported C$0.05 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.03 by C$0.02. The firm had revenue of C$378.14 million for the quarter, compared to the consensus estimate of C$379.65 million.