Is Louisiana Pacific Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 4 Wall Street analysts covering (NYSE: LPX) stock is to Buy LPX stock.
Out of 4 analysts, 1 (25%) are recommending LPX as a Strong Buy, 1 (25%) are recommending LPX as a Buy, 2 (50%) are recommending LPX as a Hold, 0 (0%) are recommending LPX as a Sell, and 0 (0%) are recommending LPX as a Strong Sell.
What is LPX's forecast return on equity (ROE) for 2023-2024?
(NYSE: LPX) forecast ROE is 38.75%, which is considered strong.
What is LPX's Price Target?
According to 4 Wall Street analysts that have issued a 1 year LPX price target, the average LPX price target is $66.25, with the highest LPX stock price forecast at $80.00 and the lowest LPX stock price forecast at $47.00.
On average, Wall Street analysts predict that Louisiana Pacific's share price could reach $66.25 by May 4, 2024. The average Louisiana Pacific stock price prediction forecasts a potential upside of 13.04% from the current LPX share price of $58.61.
What is LPX's forecast return on assets (ROA) for 2023-2024?
(NYSE: LPX) forecast ROA is 24.88%, which is higher than the forecast US Building Products & Equipment industry average of 13.35%.
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