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

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

LSP has been the subject of several other research reports. Royal Bank of Canada raised shares of Lightspeed Pos from a “strong sell” rating to a “moderate buy” rating in a report on Friday, November 8th. Benchmark raised Lightspeed Pos to a “strong-buy” rating in a research note on Tuesday, September 17th. One equities research analyst has rated the stock with a hold rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Lightspeed Pos has a consensus rating of “Buy”.

Lightspeed Pos Price Performance

Lightspeed Pos (TSE:LSP) last released its earnings results on Thursday, November 7th. The company reported C$0.05 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 during the quarter, compared to analysts’ expectations of C$379.65 million.