Lightspeed Pos (TSE:LSP) Downgraded to Hold Rating by Barclays

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

A number of other equities research analysts also recently weighed in on the company. Benchmark raised Lightspeed Pos to a “strong-buy” rating in a report 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 investment analyst has rated the stock with a hold rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy”.

Lightspeed Pos Stock Performance

Lightspeed Pos (TSE:LSP) last released its 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 company had revenue of C$378.14 million for the quarter, compared to analyst estimates of C$379.65 million.