Skip to main content

LG Electronics Shares May Rally 22%, Says Motilal Oswal - Check Target Price

According to the brokerage, LG Electronics is well placed to benefit from structural premiumisation across TVs, refrigerators, washing machines and ACs, while the expanding LG Essential portfolio provides an additional growth factor by broadening its addressable market. Over the medium term, Motilal Oswal expects Sri City capacity expansion, deeper localisation and increasing exports to further strengthen the growth and profitability profile.

NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Domestic brokerage firm Motilal Oswal values LG Electronics Ltd. at 45 times Sep'28E earnings per share to arrive at a target price of Rs 2,080 and has reiterated Buy rating implying a potential upside of 22% from the reports current market price of Rs 1,711.

The brokerage's positive view on LG Electronics is supported by its diversified product portfolio, strong brand franchise, multiple avenues for sustainable revenue growth and better margin profile vs peers.

The company is well placed to benefit from structural premiumisation across TVs, refrigerators, washing machines and ACs, while the expanding LG Essential portfolio provides an additional growth factor by broadening its addressable market.

ALSO READ: Azad Engineering Gets Rating Upgrade From ICICI Securities On Higher-For-Longer Growth Visibility — Check Revised Target Price

Recent trends across large-screen TVs, French-door refrigerators and fully automatic washing machines highlight LG Electronics's ability to drive value growth even in a mixed demand environment. Over the medium term, Motilal Oswal expects Sri City capacity expansion, deeper localisation and increasing exports to further strengthen the growth and profitability profile.

Click on the attachment to read the full report:

Mosl Lg .pdf
VIEW DOCUMENT

DISCLAIMER

This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.



from NDTV News- Special https://ift.tt/EwaiCUS
Labels:

Comments

Post a Comment

Popular posts from this blog

In Kareena Kapoor's Workout Video, Little Jeh Steals The Show

Kareena Kapoor has the best “workout buddy” – her little son Jeh. The Internet agrees. The actress, who often shares glimpses of her fitness routines, posted a similar clip on Wednesday. This time, she wasn't the one who grabbed all the attention of her fans. An adorable Jeh stole the show by making a short appearance in Kareena's workout video. He is seen wearing a green tee and grey shorts while trying to climb the aerobic stepper. Kareena Kapoor, who is busy maintaining balance on the bench in the video, tries to hold her son with one hand so that he doesn't fall. Giving her fans a sneak peek into her “mom life,” the actress wrote, “Working out with my best workout buddy (blushing, heart eye, biceps and red heart icons).” She also added the hashtags “mom life,” “midweek balance,” “The Crew” (her next film) and “workout” to her caption. Kareena's workout song, this time, was Guru Randhawa's Moon Rise. Producer Rhea Kapoor, who is working with Kareena Kapoor on T...
Post a Comment
Read more