LG Electronics Share Price Target: Brokerage firm Nuvama has initiated coverage on LG Electronics with a Buy rating. The brokerage has set the LG Electronics share price target at Rs 1,870, implying an upside of more than  20 per cent from the CMP of Rs 1,504.

Nuvama said that LG Electronics, which has a presence in India for three decades, is the undisputed market leader in most categories. It enjoys pole position in the premium segment and has an industry-leading margin/return profile.

LG Electronics Share Price Target: Brokerage View

LG Electronics is scaling up in Exports, Enterprise (B2B), and Essentials, which should lead to industry-leading revenue and profit growth, the brokerage said.

LG Electronics' EBITDA margins are likely to expand 220 bps over FY26–29 on the back of premium-led export push; scale-up of B2B business; accelerating localisation; scale-up in new facility in south; scale-up in AMC; and healthy operating leverage.

LG Electronics has the best financial profile among peers, the brokerage said.

LG Electronics IPO Details

LG Electronics made its Dalal Street listing in  October 2025. LG Electronics shares debuted with a gain of 50 per cent at Rs 1,715 against the IPO issue price of Rs 1,140.

LG Electronics share price closed 1 per cent higher at Rs 1,550.30 on NSE during Thursday's trading session (April 16, 2026).

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