LG Electronics Share Price Target: With the summer season approaching, demand for air conditioners, coolers, and other home appliances is expected to rise. This seasonal boost often brings stocks like LG Electronics into the spotlight. Brokerages such as Elara and Goldman Sachs have analysed the company and issued stock price targets along with recommendations for the stock.
However, the company also reported its Q4 results, making LG Electronics a stock to watch. The company reported an 8.19 per cent decline in net profit to Rs 692.7 crore for the March quarter. At the same time, revenue from operations rose 8.12 per cent to Rs 8,053.55 crore in the March quarter of FY26, compared to Rs 7,448.42 crore in the corresponding period last year. (LG Electronics Q4 Results)
Here’s what brokerages have to say:
Elara holds a bullish outlook for LG Electronics
Elara has maintained an “Accumulate” rating on LG Electronics India with a target price of Rs 1,750. This target reflects an upside of 17.4 per cent from the current price.
The brokerage highlights Q4 revenue growth of 8 per cent year-on-year, which was impacted by a delayed summer season, while EBITDA margin contracted by 240 basis points to 11.7 per cent.
Additionally, management expects mid-teen sales growth in FY27, supported by price hikes across room air conditioners (RACs), refrigerators, and washing machines.
Goldman Sachs sees 14 per cent upside
Goldman Sachs maintains a “Buy” rating on LG Electronics India, marginally reducing its target price to Rs 1,700 from Rs 1,730. The revised target reflects an upside of around 14 per cent.
According to the brokerage, the home entertainment segment grew 20 per cent year-on-year, driven by strong demand for larger screens ahead of the Cricket World Cup.
Management expects improved profitability in FY27, with growth supported by the Essential series, chest freezers, and export expansion. LG is viewed as well-positioned among peers.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
