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Louisiana-Pacific (LPX) Receives a Hold from BMO Capital

Tipranks - Tipranks - Tue Apr 21, 6:50AM CDT

In a report released today, Ketan Mamtora from BMO Capital maintained a Hold rating on Louisiana-Pacific, with a price target of $94.00.

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Mamtora covers the Industrials sector, focusing on stocks such as Fortune Brands Innovations, Louisiana-Pacific, and Masco. According to TipRanks, Mamtora has an average return of 13.4% and a 65.22% success rate on recommended stocks.

Currently, the analyst consensus on Louisiana-Pacific is a Moderate Buy with an average price target of $94.67.

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Based on Louisiana-Pacific’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $567 million and a GAAP net loss of $8 million. In comparison, last year the company earned a revenue of $680 million and had a net profit of $62 million

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is neutral on the stock. Last month, Lizanne Gottung, a Director at LPX sold 1,300.00 shares for a total of $102,167.00.

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