LG Display (NYSE:LPL) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of LG Display (NYSE:LPL) from a strong sell rating to a hold rating in a research note released on Monday,Zacks.com reports.

LPL has been the subject of several other research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of LG Display in a report on Thursday, January 22nd. Wall Street Zen lowered LG Display from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Four investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce”.

LG Display Stock Up 3.9%

LG Display stock opened at $3.90 on Monday. The company’s 50 day simple moving average is $4.21 and its 200 day simple moving average is $4.49. LG Display has a fifty-two week low of $2.43 and a fifty-two week high of $5.67. The firm has a market capitalization of $3.90 billion, a price-to-earnings ratio of 20.50, a PEG ratio of 1.71 and a beta of 1.48. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.73 and a quick ratio of 0.46.

LG Display (NYSE:LPL) last issued its earnings results on Friday, February 13th. The electronics maker reported ($0.14) EPS for the quarter. The firm had revenue of $4.61 billion during the quarter. LG Display had a net margin of 0.98% and a return on equity of 3.26%. As a group, sell-side analysts anticipate that LG Display will post 0.59 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Ausdal Financial Partners Inc. acquired a new position in shares of LG Display in the fourth quarter valued at approximately $43,000. Savant Capital LLC acquired a new stake in shares of LG Display during the third quarter worth $54,000. Creative Planning bought a new stake in LG Display in the 2nd quarter valued at $39,000. Mercer Global Advisors Inc. ADV bought a new stake in LG Display in the 3rd quarter valued at $63,000. Finally, Cetera Investment Advisers acquired a new position in LG Display in the 4th quarter worth $52,000.

LG Display Company Profile

LG Display Co, Ltd., headquartered in Seoul, South Korea, is a global manufacturer of thin-film transistor liquid crystal display (TFT-LCD) and organic light-emitting diode (OLED) panels. The company designs and produces display solutions for a wide range of applications, including televisions, desktop monitors, notebook computers, tablets, smartphones, signage and automotive screens. Its product offerings span large-screen television modules, ultra-high definition monitors, flexible and transparent OLED displays, and specialized industrial panels.

LG Display operates a network of production facilities and research centers across Asia, including major manufacturing sites in Paju and Gumi, South Korea, as well as Wuhan, China.