Louisiana-Pacific Corporation (LPX) has been under a strong bear grip, hence the stock is down -5.4% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.11% in the past 1 week. The stock has risen by 1.44% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.59% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.49% and the fifty day Moving Average is 1.13%. Louisiana-Pacific Corp. is up 5.07% in the last three month period. Year-to-Date the stock performance stands at 5.89%.
Louisiana-Pacific Corporation (LPX) : 7 Wall Street analysts covering Louisiana-Pacific Corporation (LPX) believe that the average level the stock could reach for the short term is $22.11. The maximum price target given is $26 and the minimum target for short term is around $17, hence the standard deviation is calculated at $3.3.
Louisiana-Pacific Corporation (NYSE:LPX): On Fridays trading session , Opening price of the stock was $19.25 with an intraday high of $19.45. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $18.875. However, the stock managed to close at $19.07, a loss of 0.31% for the day. On the previous day, the stock had closed at $19.13. The total traded volume of the day was 1,811,883 shares.
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.