RBC Capital Maintains Outperform Rating for Louisiana-Pacific: Here's What You Need To Know

RBC Capital has decided to maintain its Outperform rating of Louisiana-Pacific LPX and raise its price target from $72.00 to $80.00.

Shares of Louisiana-Pacific are trading up 2.32% over the last 24 hours, at $68.73 per share.

A move to $80.00 would account for a 16.4% increase from the current share price.

About Louisiana-Pacific

Louisiana-Pacific is primarily an oriented strand board producer, while offering engineered wood siding used in home construction and repair and remodel projects. The company is largely exposed to the North American housing market but has also established capacity in Brazil and Chile.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.