Sure. I'm just a little gun-shy about confrontation in this forum lately....
Basically each bit in a PCM data word gives 6db of S/N ratio (in theory) and it takes a very good LP to achieve anything around 60 db S/N ratio (IIRC) so at least from a bit depth standpoint that's pretty much it, allowing for similar QoI in both systems of course.
Sample rate vs. bandwidth is a whole other discussion and has nothing to do (other than consuming bandwidth) with the above discussion. In any case, something like 11 bits at an adequate sample rate should give slightly better than LP performance.
One other thing - in the world of analog formats LP isn't near top dog. Good analog can be very, very good, but also very very big, expensive and so on.
I'm not an expert on analog stuff and I'm sure (once a cease fire is called

) there are others here who can certainly speak with more authority on those formats.