Market Overview

UPDATE: Dundee Initiates Coverage on Louisiana-Pacific (LPX)

Related LPX
Worst Performing Industries For April 17, 2015
Analyst: 'Don't Stand In The Way' Of Louisiana-Pacific
Infinera, Louisiana Pacific, Google, Amazon and Microsoft highlighted as Zacks Bull and Bear of the Day - Press Releases (Zacks)

Dundee analyst Stephen Atkinson initiated a Sell rating on Louisiana-Pacific (NYSE: LPX) with a $13 price target amid a conservative outlook on U.S. housing demand.

In addition to his conservative outlook on U.S. housing demand, Atkinson says the OSB industry is in the midst of a price war, which is what he attributes to his below consensus EPS estimates.

For the second quarter of 2014 Atkinson is forecasting an EPS of -$0.06 compared to a $0.06 consensus and an EBITDA of $26 million compared to a consensus of $43 million.

Latest Ratings for LPX

Apr 2015RBC CapitalUpgradesUnderperformSector Perform
Apr 2015Bank of AmericaDowngradesBuyNeutral
Dec 2014Longbow ResearchDowngradesBuyNeutral

View More Analyst Ratings for LPX
View the Latest Analyst Ratings

Posted-In: Dundee Stephen AtkinsonAnalyst Color Price Target Initiation Analyst Ratings


Related Articles (LPX)

Around the Web, We're Loving...