Lightspeed Pos (TSE:LSP) Cut to Hold at Barclays

Barclays downgraded shares of Lightspeed Pos (TSE:LSP) from a strong-buy rating to a hold rating in a research report report published on Friday morning,Zacks.com reports.

Several other brokerages have also issued reports on LSP. Benchmark upgraded Lightspeed Pos to a “strong-buy” rating in a research note on Tuesday, September 17th. Royal Bank of Canada upgraded shares of Lightspeed Pos from a “strong sell” rating to a “moderate buy” rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a hold rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

Lightspeed Pos Price Performance

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