GENERAL23 Sept 2026
LG Electronics India share price target: BOB Capital sees 20% upside | What’s driving the call? | Stock Market News
BOB Capital Markets has begun covering LG Electronics India with a 'Buy' rating and a target of ₹1,980 per share, about 20% upside. It expects strong brand recall, local manufacturing and new launches to keep LG ahead over three years. If you hold or track this stock, treat it as one brokerage's view, not advice, and check your own goals before acting.
Key Statutory Highlights
- BOB Capital Markets has given LG Electronics India a 'Buy' rating with a target price of ₹1,980 per share.
- The brokerage sees about 20% upside and has valued the company at 50 times its September 2028 estimated earnings per share.
- It expects the company's revenue to grow about 13% a year and profit after tax about 20% between FY26 and FY29.
Actionable Advice for Taxpayers / Founders:If you hold or are thinking of buying LG Electronics India shares, treat this as one brokerage's view and speak to a registered investment adviser before you act.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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