Analyst Rating Update on Louisiana-Pacific Corporation (LPX)

Louisiana-Pacific Corporation (NYSE:LPX) : Zacks Investment Research ranks Louisiana-Pacific Corporation (NYSE:LPX) as 1, which is a Strong Buy recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 2.14, which indicates as a Buy.

Louisiana-Pacific Corporation (NYSE:LPX) : The most positive equity analysts on Louisiana-Pacific Corporation (NYSE:LPX) expects the shares to touch $22, whereas, the least positive believes that the stock will trade at $17 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $19.82 with an expected fluctuation of $1.65 from the mean.

For the current week, the company shares have a recommendation consensus of Buy.

Louisiana-Pacific Corporation (NYSE:LPX): stock turned positive on Tuesday. Though the stock opened at $16.06, the bulls momentum made the stock top out at $16.48 level for the day. The stock recorded a low of $16.02 and closed the trading day at $16.21, in the green by 1.82%. The total traded volume for the day was 2,275,417. The stock had closed at $15.92 in the previous days trading.

In an insider trading activity,The director of Louisiana-Pacific Corp, Watson Colin D sold 14,845 shares at $18.58 on May 11, 2016. The Insider selling transaction had a total value worth of $275,820. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Louisiana-Pacific Corporation is a manufacturer of building products. The Companys products are used in new home construction, repair and remodeling, and outdoor structures. The Company operates in four segments: North America Oriented Strand Board (OSB), Siding, Engineered Wood Products (EWP) and South America. The OSB segment manufactures and distributes OSB structural panel products. The Siding segment offers two categories of products, which include SmartSide siding products and related accessories; and CanExel siding and accessories and other related products. The EWP segment manufactures and distributes laminated veneer lumber (LVL), I-Joists, laminated strand lumber (LSL) and other related products. The South American segment manufactures and distributes OSB and siding products in South America and certain export markets. Its other products category includes its remaining timber and timberlands, and other products, services and closed operations.

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