Stock Rating Upgrade
The Value Trend Rating for Louisiana-Pacific Corp (NYSE: LPX) rose significantly during the last several trading days from F to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Louisiana-Pacific Corp (NYSE: LPX) stock closed at $23.10 on 5/22/20 after a large increase of 2.7%. However, trading volume in this advance was unusually low at 64% of normal. The stock has risen 20.3% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, LPX is expected to continue to be a major Value Builder.
Louisiana-Pacific has a current Value Trend Rating of C (Neutral). This VT Rating rose significantly in recent days from F previously. This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Louisiana-Pacific has a slightly positive Appreciation Score of 62 but a slightly negative Power Rating of 33, resulting in the Neutral Value Trend Rating.