Louisiana-Pacific Corporation (NYSE:LPX) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 2.14 by 7 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 4 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Vertical Research downgrades their rating on the shares of Louisiana-Pacific Corporation (NYSE:LPX). The current rating of the shares is Hold. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on March 17, 2016.
Louisiana-Pacific Corporation (NYSE:LPX) stock has received a short term price target of $ 19.82 from 7 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $1.65. The higher estimate of target price is $22 , while the lower price target estimate is $17
Louisiana-Pacific Corporation (NYSE:LPX) rose 0.17% or 0.03 points on Tuesday and made its way into the gainers of the day. After trading began at $17.4 the stock was seen hitting $17.49 as a peak level and $17.195 as the lowest level. The stock ended up at $17.36. The daily volume was measured at 1,841,362 shares. The 52-week high of the share price is $18.97 and the 52-week low is $13.31. The company has a market cap of $2,495 million.
Shares of Louisiana-Pacific Corp. appreciated by 0.4% during the last five trading days but lost 1.81% on a 4-week basis. Louisiana-Pacific Corp. is up 12.44% in the last 3-month period. Year-to-Date the stock performance stands at -3.61%.
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.