Recent Investment Analysts’ Ratings Changes for LG Display (LPL)

Several brokerages have updated their recommendations and price targets on shares of LG Display (NYSE: LPL) in the last few weeks:

  • 1/31/2019 – LG Display was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 1/30/2019 – LG Display was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “LG Display Co., Ltd., formerly known as LG Philips LCD Co., Ltd., primarily manufactures and sells thin film transistor liquid crystal display (TFT-LCD) panels. The Company supplies its products to original equipment manufacturers and multinational corporations. LG Display offers TFT-LCD panels in a range of sizes and specifications primarily for use in televisions, notebook computers, and desktop monitors, as well as for handheld application products, such as mobile phones; and medium and large size panels for industrial and other applications, including entertainment systems, portable navigation devices, e-paper, digital photo displays, and medical diagnostic equipment. LG Display Co., Ltd. is based in Seoul, the Republic of Korea. “
  • 1/29/2019 – LG Display was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $10.00 price target on the stock. According to Zacks, “LG Display Co., Ltd., formerly known as LG Philips LCD Co., Ltd., primarily manufactures and sells thin film transistor liquid crystal display (TFT-LCD) panels. The Company supplies its products to original equipment manufacturers and multinational corporations. LG Display offers TFT-LCD panels in a range of sizes and specifications primarily for use in televisions, notebook computers, and desktop monitors, as well as for handheld application products, such as mobile phones; and medium and large size panels for industrial and other applications, including entertainment systems, portable navigation devices, e-paper, digital photo displays, and medical diagnostic equipment. LG Display Co., Ltd. is based in Seoul, the Republic of Korea. “
  • 1/24/2019 – LG Display was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “LG Display Co., Ltd., formerly known as LG Philips LCD Co., Ltd., primarily manufactures and sells thin film transistor liquid crystal display (TFT-LCD) panels. The Company supplies its products to original equipment manufacturers and multinational corporations. LG Display offers TFT-LCD panels in a range of sizes and specifications primarily for use in televisions, notebook computers, and desktop monitors, as well as for handheld application products, such as mobile phones; and medium and large size panels for industrial and other applications, including entertainment systems, portable navigation devices, e-paper, digital photo displays, and medical diagnostic equipment. LG Display Co., Ltd. is based in Seoul, the Republic of Korea. “
  • 1/22/2019 – LG Display was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $10.00 price target on the stock. According to Zacks, “LG Display Co., Ltd., formerly known as LG Philips LCD Co., Ltd., primarily manufactures and sells thin film transistor liquid crystal display (TFT-LCD) panels. The Company supplies its products to original equipment manufacturers and multinational corporations. LG Display offers TFT-LCD panels in a range of sizes and specifications primarily for use in televisions, notebook computers, and desktop monitors, as well as for handheld application products, such as mobile phones; and medium and large size panels for industrial and other applications, including entertainment systems, portable navigation devices, e-paper, digital photo displays, and medical diagnostic equipment. LG Display Co., Ltd. is based in Seoul, the Republic of Korea. “
  • 1/15/2019 – LG Display was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating.

LG Display stock traded up $0.09 during trading on Monday, reaching $8.49. The company had a trading volume of 79,785 shares, compared to its average volume of 327,471. LG Display Co Ltd. has a 52 week low of $6.75 and a 52 week high of $14.64. The stock has a market cap of $6.01 billion, a P/E ratio of 3.54 and a beta of 0.76. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.66 and a current ratio of 0.91.

Institutional investors have recently made changes to their positions in the stock. Cornerstone Advisors Inc. raised its holdings in LG Display by 78.7% in the 3rd quarter. Cornerstone Advisors Inc. now owns 3,992 shares of the electronics maker’s stock worth $35,000 after purchasing an additional 1,758 shares during the period. Parallel Advisors LLC raised its holdings in LG Display by 173.1% in the 4th quarter. Parallel Advisors LLC now owns 4,408 shares of the electronics maker’s stock worth $36,000 after purchasing an additional 2,794 shares during the period. Rehmann Capital Advisory Group raised its holdings in LG Display by 4,392.3% in the 3rd quarter. Rehmann Capital Advisory Group now owns 14,600 shares of the electronics maker’s stock worth $1,684,000 after purchasing an additional 14,275 shares during the period. Greenleaf Trust raised its holdings in LG Display by 64.9% in the 4th quarter. Greenleaf Trust now owns 16,582 shares of the electronics maker’s stock worth $136,000 after purchasing an additional 6,528 shares during the period. Finally, Federated Investors Inc. PA bought a new position in LG Display in the 3rd quarter worth $188,000. 2.90% of the stock is currently owned by institutional investors.

LG Display Co, Ltd. manufactures and sells thin-film transistor liquid crystal display and organic light-emitting diode (OLED) technology-based display panels in the Republic of Korea, China, Europe, rest of Asia, the United States, and internationally. It offers various display panels primarily for use in televisions, notebook computers, desktop monitors, tablet computers, and mobile devices.

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